Market Overview:
The global audiobooks market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing demand for audiobooks from adults and kids, rising adoption of audiobooks among book clubs, and growing demand for audiobooks in educational institutions. Additionally, technological advancements are also aiding the growth of the global audiobooks market.
Product Definition:
An audiobook is a book that is read out loud, or an audio recording of a book. Audiobooks can be listened to on CD players, computers, and mobile devices. They are often used by people who are traveling or who have difficulty reading print material.
Adults:
The global adults, it's usage and growth factor in the audiobooks market size was valued at USD 4.5 billion in 2016.
Kids:
Kids and it's is a new audio book label that was started by Audible, Inc. in May 2016. The purpose of this new label was to provide quality children's audio books to the consumers at affordable prices. Kids and its Audiobooks are available in multiple genres such as fantasy, mystery, science fiction and many more for all age groups from infants to teenagers along with an adult version also available.
Application Insights:
The school application segment dominated the overall industry in 2017. Audiobooks are widely used in schools and colleges as an effective way of teaching and learning. The use of audiobooks helps develop listening skills, improve pronunciation, enhance vocabulary while traveling to school or studying at home. Moreover, the availability of a large number of titles caters to the interest of students which results in increased usage among all age groups across various applications such as personal and book club.
The personal application segment is expected to expand at a CAGR exceeding 11% from 2018 to 2030 owing to rising demand for audiobook services by individuals who prefer reading over listening due their busy schedule coupled with preference towards privacy during daily activities such as running or gym classes where people listen through earphones privately without being noticed by others around them.
Regional Analysis:
In 2017, Europe held the largest share of over 40.0% in terms of revenue owing to the presence of a large number of prominent audiobook producers such as Penguin Random House and Recorded Books, as well as major market players such as Audible Inc. and HarperCollins Publishers. The U.K., Germany, France, Italy are some of the prominent markets in this region that have been driving industry growth across this region by adopting audiobooks at a faster rate than other formats including e-books and print books.
North America is expected to emerge with fastest CAGR during the forecast period due to growing adoption by consumers for leisure activities along with rising demand from schools & colleges for audio learning materials which helps reduce classroom noise levels while teaching subjects like English language or literature etc.
Growth Factors:
- Increasing demand for audiobooks from the young population.
- Proliferation of smartphones and other portable audio devices.
- Availability of audiobooks in multiple languages.
- Growing trend of reading books electronically .
Scope Of The Report
Report Attributes
Report Details
Report Title
Audiobooks Market Research Report
By Type
Adults, Kids
By Application
School, Personal, Book Club
By Companies
Amazon, Google, Kobo, LibriVox, Downpour, scribd, OverDrive, Barnes＆Noble Booksellers
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Audiobooks Market Report Segments:
The global Audiobooks market is segmented on the basis of:
Types
Adults, Kids
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
School, Personal, Book Club
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amazon
- Google
- Kobo
- LibriVox
- Downpour
- scribd
- OverDrive
- Barnes＆Noble Booksellers
Highlights of The Audiobooks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Adults
- Kids
- By Application:
- School
- Personal
- Book Club
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Audiobooks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Audiobooks are a type of audio book that is read by the author.
Some of the major companies in the audiobooks market are Amazon, Google, Kobo, LibriVox, Downpour, scribd, OverDrive, Barnes＆Noble Booksellers.
The audiobooks market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Audiobooks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Audiobooks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Audiobooks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Audiobooks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Audiobooks Market Size & Forecast, 2018-2028
4.5.1 Audiobooks Market Size and Y-o-Y Growth
4.5.2 Audiobooks Market Absolute $ Opportunity
Chapter 5 Global Audiobooks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Audiobooks Market Size Forecast by Type
5.2.1 Adults
5.2.2 Kids
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Audiobooks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Audiobooks Market Size Forecast by Applications
6.2.1 School
6.2.2 Personal
6.2.3 Book Club
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Audiobooks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Audiobooks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Audiobooks Analysis and Forecast
9.1 Introduction
9.2 North America Audiobooks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Audiobooks Market Size Forecast by Type
9.6.1 Adults
9.6.2 Kids
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Audiobooks Market Size Forecast by Applications
9.10.1 School
9.10.2 Personal
9.10.3 Book Club
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Audiobooks Analysis and Forecast
10.1 Introduction
10.2 Europe Audiobooks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Audiobooks Market Size Forecast by Type
10.6.1 Adults
10.6.2 Kids
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Audiobooks Market Size Forecast by Applications
10.10.1 School
10.10.2 Personal
10.10.3 Book Club
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Audiobooks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Audiobooks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Audiobooks Market Size Forecast by Type
11.6.1 Adults
11.6.2 Kids
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Audiobooks Market Size Forecast by Applications
11.10.1 School
11.10.2 Personal
11.10.3 Book Club
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Audiobooks Analysis and Forecast
12.1 Introduction
12.2 Latin America Audiobooks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Audiobooks Market Size Forecast by Type
12.6.1 Adults
12.6.2 Kids
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Audiobooks Market Size Forecast by Applications
12.10.1 School
12.10.2 Personal
12.10.3 Book Club
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Audiobooks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Audiobooks Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Audiobooks Market Size Forecast by Type
13.6.1 Adults
13.6.2 Kids
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Audiobooks Market Size Forecast by Applications
13.10.1 School
13.10.2 Personal
13.10.3 Book Club
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Audiobooks Market: Competitive Dashboard
14.2 Global Audiobooks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amazon
14.3.2 Google
14.3.3 Kobo
14.3.4 LibriVox
14.3.5 Downpour
14.3.6 scribd
14.3.7 OverDrive
14.3.8 Barnes＆Noble Booksellers
