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Non-Fiction Books Market 2023 - Growth Factors, Business Developments, Industry Segmentation, Future Technologies And Outlook By 2032
Non-Fiction Books Market
The Business Research Company's Non-Fiction Books Market Report 2023 identifies Increasing adoption of online entertainment as the major driver for the Non-Fiction Books Market's growth in the forecast period. With the proliferation of online entertainment sources, authors compete with not only radio and TV, but a range of new streaming services beyond just Netflix, including Disney+, Hulu, and Amazon Prime. The Digital media trends survey, 14th edition by Deloitte states that nearly 80% of people in the USA have subscribed to at least one paid online streaming video service.
The global non-fiction books market size will grow from $13.99 billion in 2022 to $14.36 billion in 2023 at a compound annual growth rate (CAGR) of 2.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global non-fiction books market size is expected to grow to $15.41 billion in 2027 at a CAGR of 1.8%.
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Major competitors in the Non-Fiction Books Market are HarperCollins, Bloomsbury, Scholastic, Pearson, McGraw-Hill Publications.
A key trend in the Non-Fiction Books Market includes print-on-demand orders. Print-on-demand offers many advantages to the market and remains an important option that overcomes risking investment over a big press run by allowing authors to offer a print book. The demand for the idea/book is tested using the print-on-demand option and also the investment that could have been spent on a press run for other crucial steps like cover design and editing is saved thereby saving costs of inventory management. African government is committed to using green technologies and innovative solutions to help protect our planet and print-on-demand is one among them.
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The Non-Fiction Books Market is segmented -
• By Type: eBook, Printed Book, Audio book
• By Category: Religion, Travel, Biography, History/Law/Political Science, Business/Economics, Cooking/Entertainment, Computers, Crafts/Antiques/Hobbies/Games, Performing Arts, Other Categories
• By Distribution channel: Online sales, Bookstores, Direct Sales
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Non-Fiction Books Market.
The Business Research Company's "Global Non-Fiction Books Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Non-Fiction Books Market Include:
1. Executive Summary
2. Non-Fiction Books Market Characteristics
3. Non-Fiction Books Market Trends And Strategies
4. Impact Of COVID-19 On Non-Fiction Books
5. Non-Fiction Books Market Size And Growth
……………………………………….
26. Africa Non-Fiction Books Market
27. Non-Fiction Books Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Non-Fiction Books Market
29. Non-Fiction Books Market Future Outlook and Potential Analysis
30. Appendix
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