The world of digital books: A promising but slippery path
India has already witnessed a digital revolution in recent years, thanks to relatively cheap internet and several initiatives taken by the government. Not to mention, the publishing industry has also seen evolution due to rapid digitalisation. People, especially Gen-Z, have shifted more towards ebooks and online reading platforms like Google Books, Project Gutenberg, and Kindle Store, among others. The field seems to have a bright future. The ebooks market in India is projected to reach a revenue of $236.4 million in 2024. The sector is expected to have a compound annual growth rate of 5.78%, resulting in a projected market volume of $279.80 million by 2027, as per a report by Statista.