Global E-textbook Rental Market by Product Type, by Manufacturing Process: Global and Regional Forecast Analysis 2018-2024
E-textbook rental market is
estimated to register a CAGR around 20.52% between 2018 and 2024. The market is
mainly driven by the increasing demand Smartphone and electronic gadgets like
laptop, tabs etc. Increasing incorporation of software with digital textbooks
is increasing the demand of E-textbook rental market. The regions covered in
this report are North America, Europe, Asia-Pacific and Rest of the World. E-textbook
i.e., Electronic-textbook is an educational or non-educational book in digital
form. Increasing digitalization, coupled with increasing demand of smart
gadgets like laptops, smartphones, and tablets from students changes the
traditional method of printed book. Initially user used to purchase an eBook on
diskette or CD, but now the most popular method of getting an eBook is to
purchase a downloadable file of the eBook. With the technological advancement
in this field, now user can take an e-book on rent. It is possible to choose
exactly how long user wishes to rent the book out for, starting from a minimum
of 30 days to a maximum of 360 days. The increasing demand mainly from the
developing regions like Middle East & Africa, Asia-Pacific, and South
American countries are also driving the market. The emerging markets such as
India, China, Brazil, Southeast Asia, and Japan are expected to change the
trends and dynamics of the market in the future.
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