188% growth in e-fiction

The Publisher’s Association clocks huge year on year growth in digital novels

The Publisher’s Association clocks huge year on year growth in digital novels

The Publisher’s Association has published statistics reporting a 188% growth in e-fiction during the first half of 2012, compared to that of the previous year.

Richard Mollet, CEO of The Publisher’s Association, said: “The huge increase in digital sales shows how rapidly readers and publishers are embracing e-book reading.”

There are over one million books on Amazon’s Kindle store alone.

However it claims physical print sales are only dropping at a rate of 0.4% per year.

Sales of digital children's books were up 171%, while non-fiction titles increased by 128%.