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ResearchAndMarkets.com’s offering. The global e-book market (henceforth, referred to as the market studied) was valued at USD 18.13 billion in 2020, and it is expected to reach USD 23.12 billion by 2026, registering a CAGR of 4.9%, during the forecast period (2021-2026) Technical development and sophistication of reading devices that provide a similar experience to that of reading an actual book is the key factor driving the global e-book market. The rising adoption of smartphones and multilingual features of E-books is an advantage which is expected to drive the global demand for e-books. The easy access for a wide range of e-book libraries through application or online services are being consumed over the internet, thus emerging as low-cost alternatives to the traditional method of delivery. Services that are available for these e-books such as e-lending has also supported the adoption of e-book across the globe.

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