Audiobooks Market is Going To Boom | Kobo, LibriVox, Downpour, Scribd
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Audiobooks have been used for second language learners, learning disabled students and struggling readers and non-readers. The Audiobooks market comprises one of the major segments of small kids category globally and offers huge potential for growth. As the population is growing, audiobooks are improved the reading and speaking accuracy and fluency of the customers. There has been a significant rise in the number of kindergartens to year 12 population using audiobooks with figure stood up to 27% of auditory learners in global alone in 2018. So, the future for audiobooks looks promising. Moreover, a growing trend in the audiobooks market has been witnessed with respect to the demand for multi-modal learning and reading accuracy expected to fuel the market growth during the forecasted period.
In Jan 2018, Google launched an audiobook with no monthly subscription fee. This innovative product offers on Android, iOS, the web and with Google Assistant-enabled devices like Google Home smart speakers in 45 countries.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Audiobooks Market various segments and emerging territory.
Influencing Market Trend
• Increasing Demand at Asia-Pacific Regions
• Increasing Demand for Kindergarten Schools.
• Upsurge Demand for People with Visual Impairments, Dyslexia and Hyperlexia
• Growing Number of Educational Organization
• Increasing Demand for Improving Time Management and Multitasking
• High Cost Associated for membership and Subscription.
• Audiobooks are Less Engaging
Analysis by Type (Adults, Kids), Application (School, Personal, Book Club)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Amazon (United States), Google (United States), Kobo (United States), LibriVox (United States), Downpour (United States), Scribd (United States), OverDrive (United States), Barnes Noble Booksellers Inc (United States),]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players
Have Any Questions Regarding Global Audiobooks Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/92062-global-audiobooks-market?utm_source=OpenPR&utm_medium=tanuja
The regional analysis of Global Audiobooks Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.
In July 2018, Investment firm KKR acquired Audiobook publisher RB Media. This acquisition is beneficial for the expansion of reading & learning procedures and improving the literacy & accuracy of the learning.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
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Highlights of the Report
• The future prospects of the global Audiobooks market during the forecast period 2024-2029 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Audiobooks market.
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1(201) 7937323, +1(201) 7937193
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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