E-book industry sales will break 1 billion US dollars

According to market research firm Forrester's new forecast, e-book sales are expected to exceed $1 billion this year, and will increase by three times in the future. In 2010, sales in the e-book industry are expected to reach $966 million, but in just five years, that is, sales in the industry will triple to $3 billion in 2015. Analyst James McQuivey said that even if color electronic paper and other new technologies were not developed in this field, the way of reading would be completely changed.

In addition, James McQuivey pointed out that the current enthusiasm for Amazon Kindle, iPad and other e-readers and the reading habits that are gradually formed using these new products are already a precursor to the change in reading style, and even though adults are online. Only 7% of people read e-books, but those who read digital books spend up to 41% of their time on e-books, and for those who have specialized e-book reading devices, the time to read e-books It is as high as 66%, and these readers seem to be more inclined to buy books than borrow from the library, so maybe they can accept the purchase of e-books in time.

McQuivey believes that the current conversion of reading methods to e-books is just as happening in digital music and movies. Traditional physical bookstores will gradually be replaced by online bookstores, and all this change requires only time.

Then, after the day when the electronic paper book is highly developed, how should the physical bookstore operate? Will it be completely replaced or a new attitude? Is it possible to live in peace with each other or not?

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