Is Apple Tablet What the E-Book Market Is Waiting for?
The global market for e-paper displays, such as those used by the
Amazon Kindle line of e-book readers as well as those
from Sony, will grow 124 percent from 2008 through 2013 and in that time exceed
$2.5 billion, according to an Aug. 20 study from NextGen Research.
The study's author, James Belcher, says "electronic ink" displays are finally
hitting the market in a big way, though it remains to be seen whether future
contenders-which
Apple is likely to be among-will displace the Kindle's early lead in the
market and continue to grow it.
"eReader makers will have to appeal to more than just early adopters and
business travelers," said Belcher in a statement. "Consumers have read books
printed on paper for hundreds of years, without having to endure the multiple
format changes seen in recorded music. Getting the bulk of consumers to change
that behavior will require an experience superior to that of the printed page."
Belcher compares the quickness with which the Kindle endeared itself to early users with the initial adoption of the Apple iPod. What remains to be seen, he says, is whether these new contenders, which are likely to bring improved technology to the table, can expand the e-book audience beyond "tech-savvy road warriors."
A
July 29 report from Forrester Research described early e-book readers as
successful males with a mean age of 47. Considerable growth in the space is
likely to be reliant upon adoption by women, the report found, as well as a
price point dip down to $99.
Ultimately, Belcher suggests, e-reader adoption, and so e-paper display growth,
rests on a number of cultural and behavioral considerations, such as whether
readers will buy a device dedicated solely to reading, or will they demand
multiple functionalities. Is reading on paper too deeply engrained a habit to
break? And additionally, how will mobile phones and netbooks capable of
displaying texts affect e-reader sales?
There's also a likelihood that as e-reader prices fall, they're
more likely to be adopted by small business and enterprise users.
Belcher expects that some day e-paper will be inexpensive enough to be used on
billboards and outdoor signage.
"Until then," he said, "digital book readers will be the main drivers of
e-paper market growth."
