Ebook Readers are Toast, Informa Says

Though some will question the prediction, Informa Telecoms & Media predicts dedicated e-book readers will lose favor to multi-purpose tablet devices.

According to the latest forecasts from Informa Telecoms & Media, sales of smartbooks are expected to rapidly grow from 3.65 million in 2010 to nearly 50 million in 2014, representing over 50 percent of all embedded device sales.

This growth will be driven by a shift away from dedicated devices like e-readers, towards multifunctional portable devices like the iPad and Samsung Galaxy Tab. These smartbooks merge the best features of both smartphones and netbooks, plus they have the always-on connectivity of a cellular device.

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