Frankfurt Book Fair Survey on Digitization Impacts on the Future of Publishing

The Frankfurt Book Fair has released a press release that describes the results of a survey of over 1,000 industry professionals from over 30 countries about the impact of digitization on the future of publishing. (Thanks to HangingTogether.)

Here's an excerpt:

The survey also reveals that current opinion is divided on the future of the e-books and digital content versus the printed word. 40 per cent of respondents expect e-content to overtake traditional book sales as early as 2018—whereas a third predict that this will never happen.

Perhaps more surprisingly still, almost 60 per cent of respondents do not currently use e-books and e-readers at all, and 66 per cent of industry professionals still expect traditional books to dominate the market in five years time, with very few expecting e-books (seven per cent) or e-readers (two per cent) to be the main sources of revenue by 2013.

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