Good, but still less than one per cent of all spending on books.
A new report by Futuresource Consulting predicts a bright future for the space, which should be 15 per cent of total book sales by 2015 and generate €1.6 billion.
Other findings include:
* The UK dominates the market, contributing nearly half of all spend even though it accounts for just 15 per cent of all paper-based book revenue.
* The UK should generate £100 million this year – over five per cent of all spending on books.
* Amazon sold nearly 400,000 Kindles in the UK between August 2010 and December 2010 and generated around £20 million.
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* Tablets rather than readers will dominate the German market. By 2015 the German tablets will account for close to half of all paid-for e-book sales in Germany, compared to around one in three in the UK and France.
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