openPR Logo
Press release

Global Online Reading Platform Market Competitive Landscape, Growth Factors, Revenue Analysis by 2028

06-27-2022 02:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

The global online reading platform market is anticipated to grow at a considerable CAGR of 8.9% during the forecast period. One of the core factors that is fueling the market growth includes the high smartphone and tablet penetration across the globe. Over the past few years, the smartphone and tablet market witnessed exponential sales growth due to an easy excess of internet which enhanced the availability of e-books for most people to read any book, anywhere, anytime. Furthermore, the rise in the conversion of comic books to digital materials by major publishers such as DC, Marvel, and others is another factor that is allowing people to explore eReading. For instance, in 2021, the American Library Association (ALA) announced to provide every book present in rooster in digital format on an online reading platform which is expected to be available by 2022 intending to reduce wastage.

Get Free Sample link @

The COVID-19 pandemic had enhanced the adoption of e-Books and online reading and learning platforms owing to the lockdown implementation across the globe which caused the discontinuation of printing, closure of physical bookstores, and circulation of physical newspapers. The situation introduced a lot of people to the online reading platform where they start reading for passing time and learning. This has boosted the online reading platform for a long time and offered an alternative people to reading. The market has been growing even after the situation got normalized. In May 2020, nearly, 2 million new readers joined Kobo during the pandemic. An e-Reader's book is less expensive than a paperback or hardcover, and many online book platform retailers provide steep discounts for encouraging first-time purchasers. As per the annual report of Barnes & Noble, during Fiscal 2020, First Day's total revenue increased 90% from the prior-year period.

A full report of Global Online Reading Platform Market available @

• Market Coverage
• Market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others

Market Segmentation
Global Online Reading Platform Market by Application
o Personal
o Commercial

Global Online Reading Platform Market by Deployment Mode
o Cloud-based
o Website-based

Global Online Reading Platform Market by Subscription Type
o One-Time License
o Yearly
o Quarterly
o Monthly

Regional Analysis
o North America
o US
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Project Gutenberg
o Internet Archive
o Open Library
o Google LLC
o Blurb, Inc
o Scribd
o NetGalley LLC (Bookish)
o 24Symbols
o China Literature Group
o Literature & Latte Ltd.
o Wattpad Corp.

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global online reading platform market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Online Reading Platform Market Competitive Landscape, Growth Factors, Revenue Analysis by 2028 here

News-ID: 2663789 • Views: 165

More Releases from orion market research

US 3D Scanning Market to Witness Growth Acceleration by 2028
The US companies contribute a significant market share in the 3D scanning market. The companies, which will share a momentous market share, are 3D Digital Corporation, 3D Systems Inc. Autodesk Inc. and so on. Additionally, more accurate and precise 3D scanners are available in the market of the US, and hence along with the high number of unit sells, it is estimated that the average cost of the scanner will
Unmanned Surface Vehicle (USV) Market Booming Worldwide with Latest Trend and Fu …
The global unmanned surface vehicle (USV) market is estimated to grow at a CAGR of nearly 14.0% during the forecast period. A significant rise in defense contracts for the development of unmanned surface vehicles is offering an opportunity for the growth of the market. The Navy has an increasing interest in USVs for maritime operations. This allows to carry out a comprehensive range of tasks, including intelligence surveillance and reconnaissance
Global Smart Indoor Garden Systems Market Worldwide Industry Analysis, Future De …
The global smart indoor garden systems market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period. The smart indoor gardening system features technology that allows users to grow fresh herbs, vegetables, fruits, as well as flowers in a closed environment with high nutrition without using plant hormones, pesticides, and other harmful substances. Smart indoor gardening systems are compact and have several features such as smart
Pseudomonas Aeruginosa Pneumonia Drug Market Will Generate Record Revenue by 202 …
Pseudomonas is a type of bacteria which is found in the environment, such as in soil and water. Pseudomonas aeruginosa infections occur in people with weakened immune systems or in the hospital where there is a high risk of infection and is risky for patients with chronic lung diseases. The major factor driving the demand for pseudomonas aeruginosa pneumonia drug is the new product launches and drugs approval across the

All 5 Releases