According to the latest market study by Juniper Research , they found that continued strong growth in the eReader market, combined with an upsurge in usage across media tablets, will push annual revenues from eBooks delivered to portable devices to $9.7 billion by 2016 -- that's up from $3.2 billion this year. The study found that the increasing demand for media tablets means that these devices will account for nearly 30 percent of all eBook downloads by 2016. In addition to the higher rate of tablet penetration, eBook access on these devices has already been boosted by the launch of leading brand bookstore applications, such as Apple's iBookStore and Amazon's Kindle. While mobile handsets currently account for the largest share of eBook downloads, the majority of these are comprised by the Japanese manga market. Elsewhere, smartphones are not -- and are unlikely to become -- a primary reading device. However, bookstores are increasingly seeking to enable synchronis...
TMT Market Research and Analysis