Press release
Fiction Books Market to Reach $12.01B by 2028, Fueled by Reader Demand and Digital Publishing
The fiction books market size has grown steadily in recent years. It will grow from $10.81 billion in 2023 to $11.05 billion in 2024 at a compound annual growth rate (CAGR) of 2.2%. The growth in the historic period can be attributed to publishing industry growth, reader demand, literary awards and recognition, digital publishing, adaptations and media.The fiction books market size is expected to see steady growth in the next few years. It will grow to $12.01 billion in 2028 at a compound annual growth rate (CAGR) of 2.1%. The growth in the forecast period can be attributed to diversity and inclusivity, personalized reading recommendations, indie and self-published authors, global reach, sustainability and eco-friendly publishing. Major trends in the forecast period include genre blending, short fiction and anthologies, virtual book events, book subscription services, interactive and immersive formats.
Market Overview -
Fiction refers to any kind of literature that originates from the imagination and usually has a story.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=3993&type=smp
Online Sales Boost Fiction Books Market
The sales of books through online media is anticipated to drive the fiction books market during the forecast period. The increasing number of active internet users is providing companies with an opportunity to cater to a wide number of customers. For instance, according to the Association of American Publishers, a US-based trade association of the American book publishing industry, for the first time this year, digital book sales in the US in August 2022 increased by 2.7%. Over $90.7 million was generated by e-book sales. The preference of individuals to buy books online is primarily due to the broad choice, cost savings due to offers and discounts, and convenience of buying anytime and from any location. Therefore, online shopping of books is boosting the fiction book market.
Competitive Landscape -
Major companies operating in the fiction books market include Penguin Random House LLC, Hachette Livre, HarperCollins Publishers LLC, Macmillan Publishers, Simon & Schuster Inc., Turner Publishing Company, Chronicle Books LLC, Coffee House Press Inc., Scholastic Corporation, Bloomsbury Publishing plc, Egmont Group, Candlewick Press Inc., Nosy Crow Ltd., Chicken House Ltd., Usborne Publishing Ltd., Walker Books Ltd., Abrams Books Inc., Sourcebooks Inc., Harlequin Enterprises Limited, Kensington Publishing Corp., Entangled Publishing LLC, Bold Strokes Books Inc., Bella Books Inc., Dreamspinner Press LLC, Carina Press, Riptide Publishing, Less Than Three Press LLC, Little Brown and Company, Tor Books, Orbit, Ace Books, DAW Books, Baen Books, Angry Robot, Night Shade Books, Pyr, Subterranean Press LLC
Increasing Focus On Introducing Artificial Intelligence (AI) To Gain A Competitive Edge
Major companies operating in the fiction book market are focused on developing artificial intelligence (AI) to gain a competitive edge in the market. AI-narrated books offer a unique literary experience, blending human creativity with machine precision. For instance, in January 2023, Apple Inc., a US-based technology company, launched a new catalog of books narrated by artificial intelligence (AI) on its Books app. The narrations created using artificial intelligence are characterized as being voiced by a digital entity modeled after a human narrator. This development is anticipated to lower the expenses and intricacies associated with audiobook production for authors and publishers. It holds the potential to bring about substantial changes within the audiobook industry. Presently, AI-driven narrations are accessible for a restricted range of genres, encompassing fiction and romance.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/fiction-books-global-market-report
Key Segments -
The fiction books market covered in this report is segmented -
1) By Type of Fiction: Short Story, Novella, Novel
2) By Type of Book: Physical Book, E- Book, Audio Book
3) By Genre: Action And Adventure, Young Adult, Crime/Mystery, Drama, Horror/Paranormal/Ghost, Science Fiction, Other Genres
4) By End-User: Children, Young Adults, Adults
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
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 Fiction Books Market to Reach $12.01B by 2028, Fueled by Reader Demand and Digital Publishing here
News-ID: 3498899 • Views: …
More Releases from The Business Research Company

Hair Preparations Market Analysis: $197.68 Billion by 2029 With a CAGR of 9.9%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Hair Preparations Market Value Projection: How Much Will the Market Size by 2025?
The market size for hair preparations has seen robust growth in the past few years. This market is forecasted to expand from $124.61 billion in 2024 to $135.61 billion in 2025, with a compound annual growth rate (CAGR)…

Fuel Ethanol Industry Set to Achieve $139.22 Billion Milestone by 2029 | Steady …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Fuel Ethanol Market Size 2025?
The market size of fuel ethanol has seen a significant expansion in the past years. It is predicted to escalate from $101.64 billion in 2024 to $106.73 billion in 2025 with a compound annual growth rate (CAGR) of 5.0%.…

Ethyl Acetate Industry Expected to Reach $8.43 Billion by 2029 at 11.1% CAGR
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Ethyl Acetate Market Value Projection: How Much Will the Market Size by 2025?
The size of the ethyl acetate market has seen a robust growth in the past few years. It is expected to expand from $5.12 billion in 2024 to $5.53 billion in 2025, with a compound annual growth rate…

Dispersant Polymer Industry Growth Outlook: 12.2% CAGR and $16 Billion by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Dispersant Polymer Market Size 2025?
In recent years, the dispersant polymer market has seen robust growth. The market size, currently $9.32 billion in 2024, is projected to reach $10.09 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.3%. This growth in…
More Releases for Book
Top Book Publishers: Ace Book Publishers Leading the Way
[Manhattan, 06/12/2024] - In the competitive world of book publishing, Ace Book Publishers stands tall as a premier choice for authors seeking professional and innovative publishing services. With years of experience and a proven track record, the company has cemented its position as a top book publisher, specializing in children's books and catering to a global clientele.
Ace Book Publishers: A Legacy of Excellence
Ace Book Publishers is renowned for providing comprehensive…
Book Publishing Market Report 2018: Segmentation by Product (Consumer Print Book …
Global Book Publishing market research report provides company profile for Holtzbrinck Publishing, Penguin Random House, Phoenix Publishing and Media, Bonnier, Bungeishunju, Amazon.com, China South Publishing & Media, Hachette Book and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year…
Global E-book Reader Market Production and Revenue: MGYOK E-book Reader, AKWS E- …
This report studies E-book Reader in Global market, especially in North America, Europe, China, Japan, Korea and Taiwan, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
Kindle
Natusun
JDRead
BOOX
Hanvon
MGYOK
Do enquiry about report @ https://goo.gl/AwdHh4
Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into
Electronic Ink Screen
LCD Screen
Split by application, this report focuses on…
Featured Book
FOR IMMEDIATE RELEASE
Featured Book:
ISRAEL AND THE PALESTINIAN NIGHTMARE
By Ze’ev Shemer
Published on December, 2010
iUniverse Publishing
January 1st 2011
Israel and the Palestinian nightmare is not only a reliable reference book; it is a captivating description and review of the Arab-Israeli conflict. It offers an honest account of where Israel went wrong, covers facts relating to the origins of the nation of Israel and the profound effect that history has had…
New Teen Book Receives NABE Pinnacle Book Award
Friends of Choice has been chosen to receive the Fall 2010 Pinnacle Book Award.
New Ipswich, New Hampshire, November 06, 2010 -- NABE announced, just recently, the winners of the Fall 2010 Pinnacle Book Award. Friends of Choice was one of the chosen books of this coveted award.
Linda Nelson was ecstatic when she learned she had become a chosen recipient of this award. She published her first book "Friends of Choice"…
FotoInsight's New Photo Paper Book Makes Book Bulge Disappear
Today FotoInsight launches a new version of FotoInsight Designer with new lines of photo albums on photographic paper, new features like fading frames and festive templates and the addition of Linux and Mac OS versions.
Cambridge, 20 August 2009. - Europe's most popular photo book software is now also available for Linux and Mac OS. Against an ever growing number of photo book services, FotoInsight is increasing its technological lead with the…