IDPF Reports E-Book Sales Climbed 43% This Year, So Far

According to the latest statistics reported by the IDPF (here), the momentum of new ebook titles added by major publishers this year and the popularity of the Kindle and Sony Reader have had a big effect on E-Book revenues in the publishing industry.

"Trade eBook sales were $4,900,000 for June 2008, an 87.4% increase over June 2007. Calendar Year to Date Revenue is up 43%." - IDPF, Sept. 4, 2008

Looking back a bit farther, in the last 2 years the E-Book sector has doubled its revenue; more publishers and more titles have come into the marketplace creating a huge surge. This is what we at E-Reads are proud to see. For many years it seemed E-Books were a sleepy little industry, but the boom in consumer awareness has come from a lot of publishers seeding the growth by adding more and more mid-list and back-list titles, with digital versions finally coming out of the shadow of their print counterparts. Popular proprietary platforms like the Kindle and Reader have assisted publishers in making the decision to invest more in digitization and good DAW (Digital Archive Workflow) practices, because the big names of Sony and Amazon carry a lot of weight in boardroom decision making.

Knowing that the E-Book tide continues to swell, has that given you more confidence to try ebooks or buy a new reading device?

- Michael