CreditDonkey prepared an outstanding infographic, which very well summarizes the recent changes on the ebook market in United States.
There are about 70 million readers in US, who buy per year 10 or more books, paper or electronic. A growing number of them is owning a device to read ebooks. The Pew Research study shows that 29% of Americans have such a device already.
- Sales of ebooks increased by 117% in 2011
- Publishers are seeing decreased overall revenue, but profits are growing because ebooks cost less to publish
- $1.78 was the average price of a self-published book in Kindle Store Top 100 in January 2012, compared to $8.75 total average price
- Authors can now market their work directly to the 70 million avid readers in the United States
Click on the image to enlarge.