Over the last decade, the demand for digital publications increased up to 70%. In the US, a total of 191 million eBooks were sold in 2018 alone. Also, the trade from these digital books raised to $1.1 billion in the same year. Well, that is because we all know that going digital is the future! Hence, publication houses worldwide are looking after the benefits of book digitization.
In this digital era, publication houses are inclining towards the paperless world. Not just in academics, but corporate publishing houses are opting for corporate book digitization too. Now, you might think that converting paper into its digital format is only useful for storage. But, that?s not the case here because there are many other benefits associated. Go on reading this blog to know what they are.
It is undeniable how physical books have their own charm and charisma. However, in today?s digitally advancing world, reading a book on an electronic device is simply more convenient. By making your books ready for the smartphone users, your company can experience a whole new audience. Especially, your company can get the attention of the millennial generation.
So, if you are looking for a book digitization service, here are a few key benefits. For every publication house like yours, these five points have a distinct advantage. Let us move into them in detail then.
First, the digital format is easy to access from any corner of the world. No geographical barriers and no accessibility issues can come in between! They are easy to download, share and access.
If we talk about facts, in 2020, global sales of digital books increased by 12% over 2019?s sales figures. Moreover, the pandemic also has a big role to play in the scenario. For the pandemic alone, publication houses worldwide opt for paperless publication materials.
Easy-to-access content allows learning without losing valuable time, curricular resources or instructing abilities. Moreover, these digital solutions like book scanning are SCORM compliant and compatible with different platforms and devices. In 2021, 72.8% of publishing houses opted for digital books.
It is indeed one of the key benefits of book digitization. Speaking on an average, 1 GB of digital storage is sufficient to store 1,000 eBooks. So, doesn?t it sound good to have such a compact solution to storing massive copies of books?
On the other hand, what about storing the same number of books physically? Well, it only adds up to storage space and expenses for brands. So, why even rent such spaces for storing?
Instead, go for a book digitization service and save valuable time and effort on safekeeping books. Not just publication houses, but educational institutions also have a fair opportunity. After all, they can save capital and human resources in storing college and school books digitally.
Economically speaking, 1 sq. ft area costs around $100, whereas digital storage costs around $20-$50. Even though the numbers depend on the file size, still it is the cheaper option on any day.
Just like any other business sector, publication houses were also hit by the pandemic. This resulted in the halt of book distribution that led to a disruption in the supply chain. Digital books are easy to distribute and share. Your customers can either upload them on LMS or provide digital books into hard drives. Digital file transfer is thus one of the benefits of book digitization. It is easier to share and have access to books than carrying thousands of books from one place to another.
A market report in 2021 shows eBooks account for 18% of total US book sales. And in the first quarter of 2021, digital book sales roared up to 34%. The major reason behind this green signal and positive growth is that digital books are easy to share and access. App stores and digital libraries are the one-stop destinations to access interactive eBooks.
Globally, 62% of readers are in awe of digital book solutions. Thus, due to more demand for digital books, your brand has an opportunity to maximize business potential. Also, these digital books help in generating better revenue and higher ROI overall. One UK?s publishing agency reported that print book sales fell by 17% till June 2020. It also reported that demand for digital books increased by 13%.
For that reason, publishing houses like yours should collaborate with book scanning companies for flawless solutions. Thus, digital books are getting more demanding, which is also increasing its competitive advantage.
One study report shows that 26% of landfills are piled up with paper waste. Moreover, 11% of the publishing industry consume fresh water to run the publishing process. Thus, reading these statistics shows that CO2 emission is higher in print publishing. On the other hand, digital publishing solutions or eBooks lessen the CO2 emission by 30%.
While digitizing books, there is no requirement for printing activity. It means publishing houses do not leave carbon footprints. This process involves scanning each page of a book and converting it into a digital image, which can then be stored, searched, and read on electronic devices. However, simply digitizing a book is not enough to fully utilize its potential. In order to enhance the accessibility and usability, creating an index of a book becomes all-important.
So, we have discussed the different benefits of book digitization. If you have read this far, you understand that digitizing books is a profitable investment for higher ROI. Globally, publishing houses are transforming digitally today. They are coming up with new and emerging digital publishing solutions like newsletters, audiobooks, digital transcripts etc.
Certain technical processes like data entry, quality control and adding multimedia content makes the digitization process effective. So, it?s wise to collaborate with a reputed book digitization service provider like Acadecraft. They are popular in the industry to streamline the process in no time. Moreover, their reputation also reflects how responsible and reliable they are as a service provider. Your brand should get in touch with such a company like them to get promising book digitization solutions.
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