E-book consumers’ preference for tablets is accelerating rapidly as dedicated e-readers drop in popularity, according to the Book Industry Study Group’s (BISG) Consumer Attitudes Toward E-Book Reading survey. The second installment in Volume Three of the study shows that, over the course of just six months, consumers’ “first choice” preference for dedicated e-readers such as those from Amazon and Barnes & Noble declined from 72 percent to 58 percent. Tablet devices are now the most preferred reading device for more than 24 percent of e-book buyers, up from less than 13 percent in August 2011.
Further, the increase in tablet preference was not primarily for Apple’s iPad (which rose by just over 1 percent), but for non-Apple tablets – overwhelmingly from Amazon and Barnes & Noble. These non-Apple devices increased from 5 percent to 14 percent over the same period.
The BISG study, powered by Bowker Market Research, points to a buoyant book market. Nearly 30 percent of respondents in the February 2012 survey reported an increase in dollars spent on books in all formats since they began acquiring e-books, while nearly 50 percent reported an overall increase in the volume of titles purchased in any format. The numbers are even rosier for the e-book market: more than 62 percent of respondents reported an increase in dollars spent on e-books, and more than 72 percent said they have increased the volume of e-titles they are buying. Some publishers are reporting that even when overall revenue has declined, profitability — particularly for e-books — has increased.
In addition to “Power Buyers” (those who acquire e-books at least weekly), this report looks at the behaviour of “Casual Buyers,” who purchase one or two books a month. The study reveals that this second generation of e-book and e-reader adopters is catching up with Power Buyers in a number of ways.