(Newswire.net — June 5, 2020) —
Writers have been looking for new ways to publish their books. With numerous writers getting tired of having to pitch something before publishers only to have them take a significant chunk of their revenue, authors started looking for other ways to get their material out there. This gave rise to self-publishing. For those who might not know, self-publishing involves the publication of certain sources of media (including books) by its author without having to go through an established publisher. With the rapid growth of technology, options such as MindStir Media have become incredibly popular among authors who are looking for an alternative.
During the past few years, the opportunities surrounding self-publishing have grown by leaps and bounds. The market in 2019 showed that there has actually never been a better time to be an author. With a rapid increase in the capabilities of self-publishing platforms, it is clear that this industry has a bright future. What this means for authors is that it is possible to publish a story on multiple platforms without going through a publisher. While there are still authors who might prefer to work with a publishing company, there are also plenty who do not. This is reflected in the rapid growth of the self-publishing market.
In 2018, there were more than 1.68 million books that were self-published. Some of the examples include print books, audiobooks, and even ebooks. With improved tech support, this number is expected to grow by leaps and bounds. Greater than 40 percent of all ebook sales in 2018 came from authors who made the decision to self-publish. According to additional research, the most common genres in which authors decided to self-publish were romance. Other popular genres included crime books, thrillers, and mystery novels. One of the major reasons for the rapid pace of advancement in this field has been the growth of emerging markets such as China or India. In these countries, non-fiction novels are more popular.
As the market continues to change, it will be interesting to see where the industry goes from here. If the past few years are a reflection of the future, the future is bright for the world of self-publishing. This provides authors with an opportunity to get their works out there faster without having to surrender such a large percentage of their revenue. Furthermore, this breaks down barriers for authors who might have had trouble getting their work published in the past. Self-publishing services are available for authors who want to spread the word about their writing abilities.