Yankee Group: eReader business to hit $8 billion by 2014

eBooks

Do you feel special sitting at Starbucks with your venti, iced carmel macchiato (skim milk, two pumps, no whipped cream), wearing that fedora, and palming your eReader? If you do enjoy that sort of thing, you might want to wipe that smug grin off of your face, because according to research from the Yankee Group, eReaders are going to be a lot more common in the coming years. Analytics company Yankee Group estimates that 11 million eReaders were sold in 2010, generating a respectable $1.9 billion in revenue. What’s even more impressive is the analytics company predicts that sales will boom to 72 million units by 2014 generating revenues of around $8.2 billion. What will you do to establish non-mainstream street cred while at Starbucks? We’re not sure, but eReaders are so trendy now.

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8 Comments
  • http://twitter.com/simoncabron Simon Cabron

    Establish non-mainstream street cred at Starbucks? How is that even possible?

  • Anonymous

    This makes no sense… Why not just buy a 7″ Android tablet, then you can have Kindle, Sony, Nook and Google books all in one? Why would anyone buy JUST an e-reader?
    I would have said iPad too, but hey, they dont sell in 7″, and they dont have a Sony app do they?

    • http://twitter.com/simoncabron Simon Cabron

      According to Amazon, it has something to do with reading in direct sunlight.

    • Anonymous

      I agree whole heartedly, which makes this that much stranger, I got a Kindle for Christmas, and it IS reading a book, I know you can read on your computer, phone, tablet, and toaster, but you can also do other things on those, you know like what you bought them for, with an e-reader there are no distractions, and you can carry thousands of books with you and buy what ever you need where ever you need it. I probably only read 2 or 3 hours a day on my kindle, but if I was using a tablet or my phone it’d be 30 minutes, plus surfing the web, watching videos, and playing games. I agree it’s not for everyone, but it is really good for those it’s for, even if I did say they were a dumb idea 3 months ago. the reading in sunlight is cool, but the real benefit is it’s a real reading experience, not reading on a screen, I know that sounds weird, maybe it’s just a thing, like a Jersey thing, only literate.

    • Max

      The reason is price- I have the Sony PRS-350 reader and I am very happy with it. I am literally “catching up on my reading” since I bought it. The E-Ink is nice and sharp, I have access to the public library and haven’t spent a nickel on a book yet, and for $149.00, it does the job.

  • Anonymous

    So much for the notion that no one reads anymore.

  • Demarcus

    You can’t read a 7″ Android Tablet outside. Too much glare.
    Also, many have trouble reading off a tablet or computer screen for more than 20 minutes due to eye strain.

  • http://bit.ly/samirsshah समीर शाह

    My guess for 2014 is 12 billion.

    If Apple disallows Kindle reader app (the way she did for Sony reader app) on iOS, 15 billion.

    Average selling price will be below $100 in 2012. May cross $90 by 2014.

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