openPR Logo
Press release

Audiobooks Market progress rapidly due to growing awareness of the benefits of audiobooks | Amazon/Audible, Apple, Google, Spotify

09-05-2023 08:00 PM CET | IT, New Media & Software

Press release from: Global Insight Services

Audiobooks Market progress rapidly due to growing awareness

New York, 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.

Download a Free PDF Sample Copy of Report - https://www.globalinsightservices.com/request-sample/GIS10122/

Key Players

Amazon/Audible
Apple
Google
Spotify
iHeartRadio
Pandora
SiriusXM
Stitcher
TuneIn

Read more about Audiobooks Market here: https://www.globalinsightservices.com/reports/audiobooks-market/

Key Trends

There are a few key trends in the audiobook market:

The rise of digital audiobooks. With the advent of smartphones and tablets, more and more people are listening to audiobooks digitally. This trend has been growing steadily in recent years and shows no signs of slowing down.
The popularity of audiobooks among commuters. With the rise of digital audiobooks, commuting has become a great time to listen to books. This is especially true for people who live in cities and have long commutes.
The rise of audiobook subscription services. With the popularity of audiobooks, many companies have started offering subscription services. This trend is likely to continue as it is a convenient and affordable way to listen to a large number of books.

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.

The third driver is the increasing availability of audiobooks. With more and more titles being released every year, there is a greater selection of audiobooks available to choose from. This is making it easier for people to find audiobooks that they will enjoy, and it is one of the reasons why the audiobook market is growing so quickly.

Get Customized report as per your requirements - https://www.globalinsightservices.com/request-customization/GIS10122/

Market Segments

By Genre

Fiction
Non-Fiction
By Device

Smartphones
Laptops & Tablets
Personal Digital Assistants
Others
By Business Model

One-time Download
Subscription-based
By Target Audience

Kids
Adults

Buy your copy now: https://www.globalinsightservices.com/checkout/single_user/GIS10122/

With Global Insight Services, you receive:
• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Audiobooks Market progress rapidly due to growing awareness of the benefits of audiobooks | Amazon/Audible, Apple, Google, Spotify here

News-ID: 3196931 • Views:

More Releases from Global Insight Services

Gene Editing Service Market Expected to Expand From $2.8 Billion in 2024 to $9.7 Billion by 2034 | Overall Study Report 2035
Gene Editing Service Market Expected to Expand From $2.8 Billion in 2024 to $9.7 …
The Gene Editing Service Market is witnessing rapid growth, driven by advancements in biotechnology and increased demand for precise genetic modification solutions. This market focuses on providing services and technologies for altering genetic material with high accuracy, enabling transformative applications in therapeutics, agriculture, and industrial biotechnology. Tools such as CRISPR-Cas9, TALENs, and Zinc Finger Nucleases are central to this market, offering tailored solutions for gene knockouts, knock-ins, and other modifications.
Epigenomics Market Projected to Reach $11.6 Billion by 2034, Growing at 13.1% CAGR | Overall Study Report
Epigenomics Market Projected to Reach $11.6 Billion by 2034, Growing at 13.1% CA …
The Epigenomics Market is evolving as one of the most promising areas in modern healthcare and biotechnology. Unlike traditional genetics, epigenomics focuses on changes in gene expression without altering the DNA sequence itself. This science studies mechanisms such as DNA methylation, histone modification, and non-coding RNA, which influence how genes behave. With applications spanning oncology, neurology, cardiology, and drug development, the epigenomics market is becoming central to personalized medicine. It
E-invoicing Market Is Anticipated To Expand From $18.6 Billion In 2024 To $78.9 Billion By 2034
E-invoicing Market Is Anticipated To Expand From $18.6 Billion In 2024 To $78.9 …
Market Overview The E-invoicing Market is undergoing a major transformation as businesses worldwide shift towards digital and automated financial processes. The market is anticipated to expand from $18.6 billion in 2024 to $78.9 billion by 2034, growing at an impressive CAGR of approximately 15.5%. This growth reflects the global trend of digitization and the increasing need for transparency, efficiency, and compliance in financial operations. E-invoicing-short for electronic invoicing-replaces traditional paper-based billing
Eco Friendly Food Packaging Market Is Anticipated To Expand From $380.4 Billion In 2024 To $741.5 Billion By 2034
Eco Friendly Food Packaging Market Is Anticipated To Expand From $380.4 Billion …
Market Overview The Eco friendly Food Packaging Market is rapidly transforming the global food industry by promoting sustainability and reducing environmental impact. As consumers and governments alike emphasize green practices, companies are shifting from traditional plastic packaging to biodegradable, recyclable, and compostable alternatives. These sustainable materials include paper, cardboard, and plant-based plastics that help minimize waste generation and carbon footprints. The market supports the transition toward a circular economy, encouraging brands

All 5 Releases


More Releases for Audiobooks

Audiobooks Market Share, Size, Growth & Forecast 2034
Audiobooks Market Outlook The global audiobooks market attained a value of USD 8.10 billion in 2024 and is anticipated to grow significantly at a compound annual growth rate (CAGR) of 25.90% during the forecast period from 2025 to 2034. By 2034, the market is projected to reach approximately USD 81.05 billion. According to expert market research, this exponential growth is being fueled by increasing consumer demand for on-the-go entertainment, widespread smartphone
Audiobooks Market Size, Regional Analysis, and Forecast 2025-2032
The Audiobooks Market is undergoing significant transformation, fueled by cutting-edge advancements across sectors like cloud computing, artificial intelligence, cybersecurity, and IoT. The integration of technologies such as blockchain, 5G, and edge computing is unlocking new opportunities, fostering innovation, and driving industry expansion. Get Your Free Sample Report with Table of Contents: https://www.skyquestt.com/sample-request/audiobooks-market Market Size and Growth: Audiobooks Market size was valued at USD 7.88 Billion in 2023 and is poised to grow from
Audiobooks Market Size, Regional Analysis, and Forecast 2025-2032
The Audiobooks Market is undergoing significant transformation, fueled by cutting-edge advancements across sectors like cloud computing, artificial intelligence, cybersecurity, and IoT. The integration of technologies such as blockchain, 5G, and edge computing is unlocking new opportunities, fostering innovation, and driving industry expansion. Get Your Free Sample Report with Table of Contents: https://www.skyquestt.com/sample-request/audiobooks-market Market Size and Growth: Audiobooks Market size was valued at USD 7.88 Billion in 2023 and is poised to grow from
Audiobooks Demand Rises As the increasing popularity of digital devices and incr …
Global Audiobooks Market 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
Audiobooks Market Size, Segmentation, Parameters, and Forecast by 2030
Audiobooks Market Size in 2021 was USD 4,159 Million, Market Value set to reach USD 33,538 Million at 26.5% CAGR by 2030 Audiobooks Market Overview The Audiobooks market is experiencing significant growth in the digital age, as consumers increasingly turn to convenient and flexible ways of consuming content. Audiobooks offer a unique listening experience that allows users to enjoy books while on-the-go or performing other activities, without having to physically read a
Audiobooks Market Dynamics, Trends, Analysis
An audiobook is a transcription of a book or other work being read aloud. Technological advances in production have led to digital recording, e-mail delivery of documents, and usage of tablets instead of hard copy texts. The expansion of home studios for narrators have also shortened the time taken to manufacture audiobooks and reduced manufacturing costs. However, the effect of coronavirus has directly hindered the growth of the audiobooks market.