E-textbook Rental Market size to grow by USD 534.56 million between 2022 and 2027; Alibris Inc., and Alphabet Inc. among others, identified as key vendors - Technavio
NEW YORK, May 12, 2023 /PRNewswire/ -- The e-textbook rental market size is set to grow by USD 534.56 million between 2022 and 2027 and register a CAGR of 21.01%, according to Technavio's latest market research report. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alibris Inc., Alphabet Inc., Amazon.com Inc., Barnes and Noble Inc., BibliU Ltd., BIGGER Words Inc., Bloomsbury Publishing Plc, Bookfinder.com, BookLender.com, Chegg Inc., eCampus.com, Follett Corp., Georg von Holtzbrinck GmbH and Co. KG, John Wiley and Sons Inc., Rakuten Group Inc., Scribd Inc., TextbookRush, and VitalSource Technologies LLC are some of the major market participants. Although the cost-effective pricing model, the increasing number of publishers going digital, the rising availability of online comparison sites will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
E-textbook Rental Market 2023-2027: Segmentation
End-user
Geography
Detail Insights on impact of each segment and make informed business decisions: https://www.technavio.com/talk-to-us?report=IRTNTR44595
E-textbook Rental Market 2023-2027: Vendor Analysis and Scope
Some of the major vendors of the e-textbook rental market include Alibris Inc., Alphabet Inc., Amazon.com Inc., Barnes and Noble Inc., BibliU Ltd., BIGGER Words Inc., Bloomsbury Publishing Plc, Bookfinder.com, BookLender.com, Chegg Inc., eCampus.com, Follett Corp., Georg von Holtzbrinck GmbH and Co. KG, John Wiley and Sons Inc., Rakuten Group Inc., Scribd Inc., TextbookRush, and VitalSource Technologies LLC. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market.
alibris.com- The company offers thousands of titles with free return shipping and a worry-free guarantee on rentals.
amazon.com- The company offers rental new and used textbooks for flexible period of time.
barnesandnoble.com- The company offers online rental services for textbooks in the US.
The report also covers the following areas:
Market trends such as the rising integration of software with digital textbooks are likely to emerge as one of the primary drivers of the market. However, factors such as the increasing threat from open-source content may threaten the growth of the market.
E-textbook Rental Market 2023-2027: Market Dynamics
Market Drivers
Cost-effective pricing model
Increasing number of publishers going digital
Rising availability of online comparison sites
Market Trends
Rising integration of software with digital textbooks
Emergence of compatible e-textbook formats
Growing popularity of e-commerce
Market Challenges
Increasing threat from open-source content
Emerging piracy issues for publishers
Stringent license terms
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E-textbook Rental Market 2023-2027: Key Highlights
CAGR of the market during the forecast period 2023-2027
Detailed information on factors that will assist e-textbook rental market growth during the next five years
Estimation of the e-textbook rental market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the e-textbook rental market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of e-textbook rental market vendors
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E-Book Market- The global e-book market size is estimated to grow by USD 8,316.2 million between 2022 and 2027 accelerating at a CAGR of 7.7%.
Books Market- The books market is estimated to grow at a CAGR of 5.43% between 2022 and 2027. The size of the market is forecast to increase by USD 33.21 billion.
E-textbook Rental Market Scope | |
Report Coverage | Details |
Base year | 2022 |
Historic period | 2017-2021 |
Forecast period | 2023-2027 |
Growth momentum & CAGR | Accelerate at a CAGR of 21.01% |
Market growth 2023-2027 | USD 534.56 million |
Market structure | Fragmented |
YoY growth 2022-2023(%) | 18.98 |
Regional analysis | North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution | North America at 35% |
Key countries | US, China, Australia, UK, and Germany |
Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled | Alibris Inc., Alphabet Inc., Amazon.com Inc., Barnes and Noble Inc., BibliU Ltd., BIGGER Words Inc., Bloomsbury Publishing Plc, Bookfinder.com, BookLender.com, Chegg Inc., eCampus.com, Follett Corp., Georg von Holtzbrinck GmbH and Co. KG, John Wiley and Sons Inc., Rakuten Group Inc., Scribd Inc., TextbookRush, and VitalSource Technologies LLC |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 global E-textbook rental market 2017 - 2021
4.2 End-user Segment Analysis 2017 - 2021
4.3 Revenue stream Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by End-user
6.1 Market segments
6.2 Comparison by End-user
6.3 Academic - Market size and forecast 2022-2027
6.4 Non-academic - Market size and forecast 2022-2027
6.5 Market opportunity by End-user
7 Market Segmentation by Revenue Stream
7.1 Market segments
7.2 Comparison by Revenue Stream
7.3 Subscription services - Market size and forecast 2022-2027
7.4 Pay-as-you-go-model - Market size and forecast 2022-2027
7.5 Market opportunity by Revenue Stream
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2022-2027
9.4 Europe - Market size and forecast 2022-2027
9.5 APAC - Market size and forecast 2022-2027
9.6 South America - Market size and forecast 2022-2027
9.7 Middle East and Africa - Market size and forecast 2022-2027
9.8 US - Market size and forecast 2022-2027
9.9 UK - Market size and forecast 2022-2027
9.10 China - Market size and forecast 2022-2027
9.11 Germany - Market size and forecast 2022-2027
9.12 Australia - Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Alibris Inc.
12.4 Alphabet Inc.
12.5 Amazon.com Inc.
12.6 Barnes and Noble Inc.
12.7 BibliU Ltd.
12.8 Bloomsbury Publishing Plc
12.9 BookLender.com
12.10 Chegg Inc.
12.11 eCampus.com
12.12 Follett Corp.
12.13 Georg von Holtzbrinck GmbH and Co. KG
12.14 John Wiley and Sons Inc.
12.15 Rakuten Group Inc.
12.16 Scribd Inc.
12.17 TextbookRush
12.18 VitalSource Technologies LLC
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
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