E-Textbook Rental Market to Rise Beyond 20.74% CAGR to 2021
The E textbook rental market report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
November 27, 2017 /MarketersMedia/ —
Commenting on the E textbook rental market report an analyst says one trend in the market is rising integration of software with digital textbooks. Many vendors are trying to make digital textbooks convenient and useful for learners by providing additional features in them. A few of the vendors provide software with traditional textbooks.
According to the E Textbook rental market report, one driver in the market is cost-effective pricing model. The cost-effective pricing model of the e-textbook rental concept is one of the key drivers of the market growth. Many students across the globe shell out a significant portion of money to buy books that are curriculum-specific to a certain term or semester. This is resulting in the increasing number of companies converting their conventional textbook curriculum into digital versions in the form of e-textbooks. Students are increasingly renting these e-textbooks instead of buying them online.
The analysts forecast global E-textbook rental market to grow at a CAGR of 20.74% during the period 2017-2021. Key players in the global E-textbook rental market: Bloomsbury, CengageBrain, Chegg, and TextbookRush. Other Prominent Vendors in the market are: Alibris, Amazon Kindle Unlimited, BookRenter, Barnes & Noble, IndiaReads, iFlipd, Oyster, and Scribd.
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E-textbooks are the digital versions of printed books. With the growing penetration of the Internet, advances in technology, and increasing affordability, e-textbooks have emerged. This has given rise to the global e-textbooks rental market. The market has many publishers and rental service providers of e-textbooks. These vendors cater to a wide range of consumers at different pricing or payment models, including the pay-as-you-go and subscription models.
Further, the E-textbook rental Market report states that one challenge in the market is increasing threat from open-source content. With considerable advances in the technological domain and low barriers to market entry, many niche players and a few of the established vendors have started offering free open online instruction material and resources. This is owing to the need to bring in a balance against the skyrocketing prices involved in buying books and other expenses in modern education system. These players offer information and e-textbooks at considerably low prices and at times the offerings are for free.
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Table of Contents
PART 01: Executive Summary
PART 02: Scope of the Report
PART 03: Research Methodology
PART 04: Introduction
Global Education Technology
Global Digital Publishing Market
PART 05: Market Landscape
Global E-Textbook Rental Market
Five Forces Analysis
PART 06: Market Segmentation by Payment Model
Global E-Textbook Rental Market by Payment Model
Global E-Textbook Rental Market by Subscription Services
Global E-Textbook Rental Market by Pay-As-You-Go Model
PART 07: Market Segmentation by End-User
Global E-Textbook Rental Market by End-User
Global E-Textbook Rental Market by Academic Segment
Global E-Textbook Rental Market by Consumer Segment
PART 08: Regional Landscape
Geographical Segmentation
Regional Comparison
E-Textbook Rental Market in Americas – Market Size and Forecast
E-Textbook Rental Market in EMEA – Market Size and Forecast
E-Textbook Rental Market in APAC – Market Size and Forecast
Top 5 Global Countries
Us
Uk
Germany
Australia
China
Market Opportunity
PART 09: Decision Framework
PART 10: Drivers and Challenges
Market Drivers
Market Challenges
PART 11: Market Trends
Rising Integration of Software With Digital Textbooks
Emergence of Compatible E-Textbook Formats
Growing Popularity of E-Commerce
PART 12: Vendor Landscape
Competitive Scenario
Competitive Benchmarking
Growth Strategy
PART 13: Key Vendor Analysis
Bloomsbury
Chegg
Cengagebrain
Textbookrush
Other Prominent Vendors
PART 14: Appendix
List of Abbreviations
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