The global e-Book market has been valued at $14.5 billion dollars and is expected to reach more than $22 billion by 2017. These figures are courtesy of Kobo who published their inaugural Book Report.
“The advances that we’re seeing year-over-year are incredible, with more publishers, users and new technology changing the face of the industry at an unprecedented pace,” Kobo chief content officer Michael Tamblyn said in a statement.
What type of e-Books are customers reading the most globally? Overall, Canadians find romance to be the most engaging genre, with 62%completion, followed by fantasy (60%) and mystery (59%). Romance is also the most engaging genre in Italy (74%), the Netherlands (67%) and Great Britain (62%), while the French (70%), Australians and New Zealanders (64%) and Americans (44%) prefer a good mystery.
What’s more, according to Kobo’s data, Canadians love nothing more than to curl up with a good book in the cold winter months. Over the 2013 holiday season, they read almost 300 million virtual pages. 16 million of which were read on Christmas day alone.