Fueled by a year of strong new releases and even more widespread
popularity of e-books, BookStats reports that trade publishing (adult and
juvenile fiction and nonfiction, and religion) experienced significant growth
in calendar year 2012. While the US book industry remained relatively
flat overall in 2012 at $27.1 billion, the trade sector grew significantly from
$14.08 billion to $15.049 billion. This growth occurred despite the loss of
numerous brick-and-mortar stores and a lower cost for e-books than print
books, which translated to higher quantities of e-books sold. The
consistent growth of e-books demonstrates that publishers have successfully
evolved the technology environment for their content -- more so than
other historically print-based content industries. E-books grew 45% since
2011 and now constitute 20% of the trade market.
From ECPA (Evangelical Christian Publishers Association) reporting on the BookStats findings
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