Audiobooks Market Demand, Overview, Size, Trend – Amazon/Audible, Apple, Google, Spotify, iHeartRadio, Pandora, SiriusXM

Global Audiobooks report from Global Insight Services is the single authoritative source of intelligence on Audiobooks market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Audiobooks are a type of book that can be downloaded and listened to on a portable device, such as a smartphone, tablet, or mp3 player. They are becoming increasingly popular as people look for ways to fit more reading into their busy lives.

Audiobooks are usually read by professional voice actors, who are able to bring the book to life in a way that is enjoyable to listen to. The recording is usually of high quality, and the listener can choose to have it play at a faster or slower speed, depending on their preference.

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Market Segments

By Genre

  • Fiction
  • Non-Fiction

By Device

  • Smartphones
  • Laptops & Tablets
  • Personal Digital Assistants
  • Others
Key Players : Amazon/Audible, Apple, Google, Spotify, iHeartRadio, Pandora, SiriusXM, Stitcher, TuneIn, Librivox, Audiobooks.com, Downpour,Audioboom , BookBeat, Kobo, Storytel, Scribd, Playster
Key Drivers

The first driver is the increasing popularity of digital devices. More and more people are using smartphones and tablets, and they are increasingly turning to these devices for entertainment and information.

The second driver is the growing awareness of the benefits of audiobooks. As more people learn about the advantages of audiobooks, such as the fact that they can be listened to at twice the speed of normal speech, they are more likely to give them a try.

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