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Challenging book publishers’ expectations, a new Report from Forrester Research forecasts slow growth for both eBooks and eBook reader devices. However, strong projected sales of custom-printed trade books and digitized textbooks will force publishers to dramatically restructure their processes and technologies.

Above, the opening paragraph of a report issued by Forrester Research -  in December 2000. To their credit, they got it half right: digital technology in the form of print on demand is revolutionizing the printed book industry.  As for e-books, here’s what Forrester’s senior analyst had to say: “Publishers are expecting trade eBook sales that won’t materialize — the drawbacks of reading onscreen will discourage all but the most motivated readers.”

Oh well, all of us prophets have an off-day

Read details in eBooks Will Flop, But Print-On-Demand And Digital Textbooks Will Thrive, Predicts Forrester Research

Richard Curtis

PaidContent.org has released ten predictions for the e-book industry prepared by Forrester Research analysts Sarah Rotman Epps and James McQuivey. They offer a rich banquet of food for thought, and though many are surprising, all of them confirm what we know in our bones and our stats – that the industry is definitely going in the right direction. Here’s an abstract:

1. “E Ink will lose its claim to near-100% market share for e-reader displays. Next year will see the first devices that are marketed as “e-readers” but that don’t exclusively use E Ink displays.”

2. “Dual-screen mobile phones and netbooks will eat into e-reader demand. Most consumers don’t read enough to justify buying a single-function reading device, and according to Forrester’s data, more consumers already read e-books on mobile phones and PCs than on e-readers.”

3. “Apps will make non-reading devices more e-book-friendly. E-readers like the Kindle have catalyzed demand for digital reading: e-books have been around for more than a decade, but no one bought them before Amazon made it convenient to buy and consume them. But the market for e-books is not limited to e-readers.”

4. “eReaders will get apps, too. As anyone with an iPhone knows, apps are where the magic happens: They make the device infinitely more useful.”

5. “Amazon will launch a suite of new touchscreen e-readers. Awkward Kindle keyboard, begone!”

6. “B&N will steal market share from Amazon and Sony. This year was a setup year for B&N, and 2010 will see its efforts start to pay off.”

7. “E-book content sales will top $500 million in the U.S. …This means that AAP data, while directionally useful, far under-reports the true size of the e-book content market. Considering the growth rate of e-book trade sales (up 176% year-to-date), we think it’s reasonable to project overall e-book revenue will top $500 million in the U.S. in 2010.”

8. “E-textbooks will become more accessible, but sales will be modest. If you’re holding your breath waiting for the electronic textbook market to take off, slowly start exhaling, because it won’t happen in 2010.”

9. “Magazine and newspaper publishers will launch their own apps and devices. Magazine and newspaper publishers aren’t satisfied with the way their content looks and acts on the Kindle and Sony Readers—they want color, video, interactivity, the ability to sell ads and control the subscriber relationship.”

10. “China, India, Brazil, and the EU will propel global growth, but the U.S. will still be the biggest market. Right now, the U.S. is the biggest market for e-readers and e-books, and that won’t change in 2010. But the rest of the world will start to catch up.”

Bottom line? “Next year will be anything but boring.” Amen to that, Forrester Research!

For the full and detailed summary of Forrester’s predictions, click here.

Richard Curtis