Future of eBook Publishing Industry
Why turn pages when you can swipe? Strain to read small letters when you can just zoom in? Find storage spaces for books when you can have them on the cloud? .
Ensuring these advantages is how eBooks won the hearts of every reader in this digital era. From a simple reading machine to an interactive reading platform, eBooks continue to take over the digital book world with the help of technological advancements.
There are several e-reader brands, among which the most popular ones are Kindle, Barnes & Noble’s Nook, and Sony Reader. Even tablet devices such as the Samsung Galaxy, iPad, etc., hold a significant percentage of the market share.
These arrive with sophisticated features like e-Ink technology, dedicated bookstores, LCD color screens, touchscreen navigation, and many more. “What’s new now?” Scroll down to know about the latest buzz going on about the future of eBooks.
Increased use of AI in eBook writing
Writers no longer need to break their heads to finish writing a book. AI tools like ChatGPT, Ryter.ai, etc., have taken over the internet, proving that you can finish a book in a day or a week.
While you’re probably thinking, “Wait, really?” know that it has been tested and proven favorable mostly for commercial purposes.
Even the statement from the CEO of Abrams, Mary McAveeney, at the recent Digital Book World Conference, testifies to it.
“It might be good for a catalog copy”, she clarified.
These artificial intelligence tools will continue to be widely used for research, producing citations, and creating the base for articles, if not the entire book.
However, it’s important to note that these AI tools rely on existing online content to create new ones. This will lead to various copyright claims in the future, which creates speculation around this new trend.
Also, if you’re concerned about these AI tools replacing human writers, don’t be. A human touch is always necessary to edit and ensure that the copy is error-free.
Promote accessibility of eBooks globally
“Isn’t it already global?”
Of course, it is, but the recent research that shows increased use of pirated eBook content has proven that not everyone can afford to have internet access and eBook tablets. Also, places like Africa and the Arab nations remain reluctant to indulge in digital publication due to high rates of piracy.
The new vision, according to Karine Panza, President of the International Publishers Association, is to eliminate this difference by educating publishers to make books accessible to all groups of people.
She also insisted that the European Accessibility Act will emerge by 2025 to ensure that every disabled reader gets their needs fulfilled. Unlike its name, this act is expected to get into action in other countries too.
Intellectual property will have more focus
Joshua Stone, co-founder of Book.io, predicted that the demand for intellectual property rights would rise as authors sought the benefits of direct ownership.
This was in reference to their company’s plan to promote the direct sale of digital books to consumers and a plan to let stakeholders earn commission through the resale of eBooks.
He also stated that a transparent workflow will play a major role in enhancing digital publications in the coming days.
Self-publishing will keep rising
With around 1/5th of Kindle books published by authors themselves in the past year, the same trend is presumed to prevail in 2023. The availability of a wide range of self-publishing tools supports the cause. Other benefits include the ability to monitor sales, earn royalties, enhance marketing strategies, etc.
New platforms shall emerge
The eBook industry will no longer be a monopoly of Amazon as competitors like Podia, Substack, etc., are already getting popular.
Authors will also find diverse channels to post stories, which will increase their revenue and reach. Applications like Yonder and Kindle Vella that promote serial fiction are great examples.
2023 is going to be the year of AI tools, indie authors, interactive platforms, and many other organic marketing strategies for online publications. However, this wasn’t the case sometime back which indicates that the trends in eBook publishing are never constant.
There’s also been an expansion of the eBook file formats. A wide variety of ebook formats have emerged, thus paving the way for an increase in the need for professional eBook conversion and formatting.
MAPSystems is a trusted name when it comes to converting paper books into digital books. The eBook conversion companies guarantees error-free and supreme-class services for its diversified customers, which include publishers, authors, realtors, technology companies, libraries, universities, corporations, etc.