Digital publishers especially want quality visitors to their websites, ebooks and social media platforms. Whether it is print or digital publishing or the print industry, 2020 continues many trends that began taking hold in 2018. Here is an overview of recent publishing trends and what to look forward to moving forward. Publishing continues to be a viable employer with about 814,000 people employed in the field worldwide and approximately 69,709 independent publishers. Dec 18, 2018 the publishing industry gets rocked by a blockbuster title, and for years after that, publishers and authors play follow the leader. Taking as the key element that the publishing industry seems to be at a constant turning point, the chapter initially provides an overview of current issues, values, features and challenges of nowadays publishing industry, arguing that the origins of current trends can be traced to the past. As we approach 2019, industryaltering book publishing trends from the past few. Publishing trends news, opinions, and stats in the changing. She is the publisher of the hot sheet, the essential newsletter on the publishing industry for authors, and was named publishing commentator of the year by digital book world in 2019. Top 5 publishing trends for 2019 izzard ink book publishing.
Industry statistics cover all companies in the united states, both public and private, ranging in size from small businesses to market leaders. Publishing trends have seen a lot of change in the last few years. A little more than a decade ago, the publishing industry was confined to printed workstraditional books. Readers and publishers alike were eager to take advantage of a new platform and digital books took off in a big way. This is attributed to the decrease in e book prices that has led to a decrease in sales by value. Global size, industry share, outlook, trends evaluation, geographical segmentation, business challenges and opportunity analysis till 2024 published. She is the publisher of the hot sheet, the essential newsletter on the publishing industry for authors, and was named publishing commentator of the year by digital book world in 2019 in addition to being a columnist for publishers weekly. Amazon steps up its battle with the book industry the new. Publishing industry 2020 view trends, analysis and statistics. Photo via pixabay in the changing technological landscape of the 21st century, the book publishing industry is in constant flux.
May 10, 2017 for all outward appearances, the relationship between amazon and the publishing industry had settled into a wary peace, following a highly publicized dustup in 2014 between amazon and hachette. Several recent trends have transformed book publishing. The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial. More people prefer a book, in fact, than they prefer an e book. Trends that will transform the publishing industry outlook in 2020. The book publishing industry is facing numerous challenges, but there are also new opportunities for publishers who keep up with the latest trends. In 2012, that figure had risen to around 30% of the market.
The top ten publishing industry trends every author needs to. This section provides information relating to employment and unemployment in publishing industries except. While it becomes easier and easier to publish books, americans are actually. Between august 2014 and august 2015, sales of audio book sales increased 43. Traditional book publishing trends today, in 2020, and beyond. Since the birth of modern publishing in the 19 th century, the rise of e books has led to a decrease in physical book sales. Publishing trends for 2019 as we approach 2019, industryaltering book publishing trends from the past few years continue, while some new ones are also beginning to make a substantial impact. The publishing industries except internet subsector consists of these industry groups. Its important for authors and publishers to be aware of these shifts, perhaps for selfpublishing authors above all. Nov 09, 2017 rentals, it turned out, were only one of many textbook industry trends upending traditional publishers, from new digital competitors to openlicense textbook initiatives. Apr 03, 2019 lets take a look at the latest book industry trends. Selfpublishing grew 40 percent in 2018, totaling 1. Its smart millions of books are sold and billions of dollars are amassed annually by chasing trends in publishing. The publishing world is often defined by trends its been this way since the start of the century.
A little more than a decade ago, the publishing industry was confined to printed workstraditional books, newspapers, and magazines. Five key trends in the book market news for authors. Trends, tastes, consumers, and technology all change our relationship with words and stories. How printers can capitalize on book publishing trends in 2019. Trends that will transform the publishing industry outlook in. Even selfpublishing trends have changed drastically in the last 10 years with amazon, print on demand, and marketing through social media. Self publishing is a rapidly evolving industry, and those who keep one eye on the future will be best positioned to take advantage of changes.
The world of books braces for a newly ominous future the. According to, audio books are the fastest growing segment of the publishing industry. Oct 19, 2016 the book publishing industry, once given up for dead, is enjoying surprising health. For a look at current trends in book publishing, i immediately turn to industry insider jane friedman, author of the business of being an author. Find industry analysis, statistics, trends, data and forecasts on book publishing in the uk from ibisworld. Get up to speed on any industry with comprehensive intelligence that is easy to read. Trends that will transform the publishing industry outlook.
The traditional publishing industry keeps tightening its grip on the old way of doing things and insisting it still works. May 15, 2020 publishing trends is an incisive monthly newsletter that provides news and opinion on the rapidly changing world of book publishing in all its forms. Top ten trends in publishing koehler books publishing. Publishing industry financial news publishers weekly. She is the publisher of the hot sheet, the essential newsletter on the publishing industry for authors, and was named publishing commentator of the year by digital book world in 2019 in addition to being a columnist for publishers. The strongest developments relate to niche development and search engine optimization seo with development of online communities a strong contender for the top trend, too.
The industry gets rocked by a blockbuster title, and for years after that, publishers and authors play follow the leader. Jan 14, 2020 book publishing market 2020 global industry trends, share, size, demand, growth opportunities, industry revenue, future and business analysis by forecast 2024 published. The state of the publishing industry in 5 charts jane friedman. This octobers data revealed that trade publishing revenue book publishing excluding education was. Top 7 publishing trends of 2020 and beyond izzard ink. The state of the publishing industry in 5 charts jane. The effects of the economic downturn on the book publishing industry have been well documented, but out of the gloom of the layoffs and closures, a small business has been reborn. The publishing industry involves production and dissemination processes to make information, such as literature, music, software, and travel aids, available.
As a result, most of the sectors major players reported substantial declines in sales and revenue for 2016, leading many of them to reorganize operations and lay off staff. Audiobooks are officially the publishing industrys 2018 trend. Book publishing in the uk industry data, trends, stats. Over the years, the book industry has remained a massive, greatly influential global consumer market. Its important for authors and publishers to be aware of these shifts, perhaps for self publishing. Find industry analysis, statistics, trends, data and forecasts on book publishing in the us from ibisworld. Book publishing industry analysis, trends, statistics. In 2017, traditional publishers sold 10% fewer e books compared to 2016. Kristen mclean is the executive director of business development in the npd books practice, the team behind npd bookscantm. For example, the changing technology for ereaders has made these devices more affordable and accessible, resulting in increased e book sales. The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial ratios and salary surveys, and more. This octobers data revealed that trade publishing revenue book publishing.
Stay updated with the latest hot topics on academic publishing. Publishing trends news, opinions, and stats in the. Selfpublishingchampioned to circumvent the persistent formality of the traditional publishing industryhas become a proving ground for that very system. The top ten publishing industry trends every author needs. In the same fiveyear period, adult fiction revenues dropped from a. Book publishing industry analysis, trends, statistics, and. This octobers data revealed that trade publishing revenue book publishing excluding education was down slightly. There are now many paths for getting your work into the world. In particular, student demand for textbooks, educational materials, and reference volumes is fueling the e book movement. Academic publishing industry trends and analysis scholarly publishing is enduring three separate evolutions simultaneously. Indicate the effect of blockbuster syndrome on the publishing industry.
The reduction comes primarily from childrens and ya books, which were down 12 percent, in contrast to adult books, which rose 3 percent. As we approach 2019, industry altering book publishing trends from the past few years continue, while some new ones are also beginning to make a substantial impact. Publishing trends is an incisive monthly newsletter that provides news and opinion on the rapidly changing world of book publishing in all its forms. Top 10 publishing trends every author needs to know 2019. The defining trend of the last decade has been the rise of selfpublishing. The 3 biggest trends in publishing right now the writing. Jun 07, 2018 the publishing world is often defined by trends its been this way since the start of the century. The novelist ann patchett, a coowner of parnassus books in nashville, tenn. Newspaper, periodical, book, and directory publishers. Rentals, it turned out, were only one of many textbook industry trends upending traditional publishers, from new digital competitors to openlicense textbook initiatives. For the first time ever, publishers and licensors can get a total view of their licensed and branded books to identify cross industry opportunities, benchmark and track brand sales trends over time, and. Aug 31, 2018 audible uks 2017 revenues grew by 45% over the year prior and are now over. During a recent book business webinar, i interviewed three book industry experts to uncover the critical trends that will likely have the greatest impact in 2019. Book publishing market 2020 global industry trends, share, size, demand, growth opportunities, industry revenue, future and business analysis by forecast 2024 published.
Book publishing market 2020 global industry trends, share. Also included in this section is information on productivity, presented as the rate of change in output per hour of workers in the industry. Jan 16, 2019 revenue of the trade book publishing industry in the u. Traditional publishers are selling way more nonfiction. She said, a lot of people in the industry were scared about that book. Get access to recent reports and trends from the publishing industry. Mar 12, 2019 during a recent book business webinar, i interviewed three book industry experts to uncover the critical trends that will likely have the greatest impact in 2019. We use the american association of publishers data to take the pulse of the overall book market, and ereading in particular. Whether data or industry commentary, we hope these 5 links will be a simple way to keep. Between august 2014 and august 2015, sales of audio book.
Self publishing championed to circumvent the persistent formality of the traditional publishing industry has become a proving ground for that very system. Bryan cohen of the sell more books show broke down how he sees this trend. What was once an impossible, elite endeavor has now opened up. The us is ahead of the world but the uk is coming up that curve quickly. Kristen is a 20year veteran of the publishing industry, with a career spanning many roles, including retailing, buying, field sales, marketing, and business development. Publishing industry an overview sciencedirect topics. Millions of books and billions of dollars are amassed annually by chasing trends. Book publishing in the us industry data, trends, stats ibisworld. Little changes thats a safe bet with book marketing, though anything could happen to change the book ecosystem, especially with technology. A little late for 2017 but perfectly applicable to 2018, we found this written word media article on the major trends every author should be aware of. Theyre a bundle of paper or a bundle a digital bits and bytes that carry stories and knowledge. In addition to the insights and portrayals of the u.
One of the aims of the book is the methodological and. Niche publishers continue to flourish and they will increase in popularity, especially in the. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. We look at what this information may mean for the overall health and direction of our industry. Get up to speed on any industry with comprehensive. Its important to keep up on both industry trends and writinggenre trends, so heres a taste of the most important things you need to know about publishing. I work mainly with fiction, nonfiction and memoir authors, including professionals looking to gain more exposure and authority in their field by way of publishing a book. Publishing trends news, opinions, and stats in the changing world. In an education session at this years bookexpo, david walter, executive director of npd book previously nielsen book, delivered a report from the industry data analysis company that describes the outlook for the u. The news aligns with similarly high audiobook sales and revenue numbers across the publishing industry. This section presents data on the number of establishments in publishing industries except internet. How technology is changing the publishing industry jbv. Right now, things seem to be stable and growing overall, so the book publishing industry.
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