Ebook Market Maturing, Book Industry Study Group Says
More ebook readers have kept their ebook buying behavior steady for some time as sales of print books have started to level off after years of decreases, according to new data from the Book Industry Study Group.
“The ebook market is maturing and becoming more predictable,” said Len Vlahos, the executive director of BISG, speaking at the Digital Book World Conference + Expo.
In 2012, growth in ebooks did not eclipse triple-digit percentages versus the previous year for the first time since 2008, according to the latest numbers from the Association of American Publishers.
Others at the conference echoed Vlahos’ message.
“We’re at the end of the first act” of the ebook revolution, said president of New York-based literary agency Writers House Simon Lipskar later in the conference.
“Like any innovation cycle, you have the disruption, then some stability, then the second wave,” said Chantal Restivo-Alessi, chief digital officer of HarperCollins.