According to a recent market survey conducted by Future Market Insights (FMI), the global book marketing software market was valued at US$ 118 million in 2021 and is expected to reach US$ 211.5 million by 2032. According to the report’s findings, revenue from the Cloud-based services segment in the Book Marketing Software Market is expected to grow at a 16.2% CAGR during the forecast period.
Book Marketing Software helps publishers rethink their product offerings and manage their businesses in a more imaginative, cost-effective, and innovative manner. Concerns about security existed in the early days of cloud computing, but they are now mostly unfounded.
The majority of cloud computing platforms offer the best levels of data protection, backup, and recovery. As a result, the Cloud-based segment dominates the Book Marketing Software market.
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North America will see continued revenue growth in Book Marketing Software Market throughout the Analysis Period
North America accounts for about 2/5th of the global market for Book Marketing Software. The regional market for Book Marketing Software was worth US$ 48.8 Mn in 2021. The Book Marketing Software Market will attain US$ 87.5 Mn valuation by the end of the forecast year 2032. Due to the abundance of suppliers of Book Marketing Software in countries like the U.S. and Canada, the demand for Book Marketing Software is anticipated to increase over the course of the projected period.
“A large number of books are not published and do not have sufficient investments for marketing as well as printing. The Book Marketing Software are expected to provide an impetus to them with real-time sales feedback at minimum cost.” comments an analyst at Future Market Insights.
For Book Marketing Software Market: Competition Insights
At present, Book Marketing Software services providing firms are aiming to launch a new product and the adoption of advanced technology in the publishing industry is estimated to create significant opportunities for the market. The key companies operating in the Book Marketing Software Market Include Above the treeline, Inc., Bublish, Inc., Book Brush, Cision US Inc. (HARO), Ebookpreneur, LLC, Firebrand Technologies, knk Software LP, LeadsClick LTD, NetGalley, LLC, PublishDrive Inc., PublishWide Inc., Selvi Software Tech Pvt. Ltd., Similarweb Ltd., Storiad, Inc., THiNKaha, Inc. (AHAthat), Virtusales.com Ltd., Book Brush, Publisher Rocket, CyberWolf, Firebrandtech, and Virtusales.
Some of the recent developments by key providers of the Book Marketing Software Market are as follows:
- In April 2022, the real-time media monitoring firm Streem was acquired by the global communications intelligence company Cision.
- In Sept 2020, Witherbys announced the update of knkPublishing, new publishing and ERP software system. This update costed more than US$ 610 Thousand to the firm.
- In May 2019, Eloquence on Alert, a new publishing monitoring tool from Firebrand Technologies, was released to give publishers specific information on pricing changes, missing products and books, and details about third-party sellers.
More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the Book Marketing Software Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in the Book Marketing Software Market in terms of Type (Web-Based and Cloud-based), Application (Large Enterprises and SMEs), across five regions (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa).
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Key Segments Covered in Book Marketing Software Market Survey
Book Marketing Software Market by Component:
- Web-Based
- Cloud-Based
Book Marketing Software Market by End-use:
- Large Enterprises
- SMEs
Book Marketing Software Market by Region:
- North America Book Marketing Software Market
- Latin America Book Marketing Software Market
- Europe Book Marketing Software Market
- Asia Pacific Book Marketing Software Market
- Middle East & Africa Book Marketing Software Market
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About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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