Worldwide Audiobooks Industry to 2027 - Strategic Recommendations for New Entrants - ResearchAndMarkets.com

The "Audiobooks - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

According to the report, the Global Audiobooks Market accounted for $2.67 billion in 2019 and is expected to reach $13.45 billion by 2027, growing at a CAGR of 22.4% during the forecast period.

Some of the key factors propelling the market growth are the increase in younger listener inventory, expansion of home studios, and easy accessibility of copies. However, the lack of smooth transition from taped materials to intelligent devices is the restraining factor for the growth of the market.

An audiobook is a transcription of a book or other work being read aloud. These recordings are being narrated by the authors or any other voiceover artists. Recording and editing have been easier like never before, and hence amateur authors, narrators, and publishers can produce a decent quality of audiobooks.

By device, the smartphones segment is expected to grow at a significant market share during the forecast period owing to the portability to access recorded book versions while performing various other tasks in the background. Based on geography, North America is anticipated to hold considerable market share during the forecast period as this region is an early adopter of the latest technologies that are used in audiobooks.

Companies Mentioned

• Google
• Amazon
• Scribd
• Audible Inc.
• Storytel
• AudiobooksNow
• Penguin Random House LLC
• Downpour
• PODIUM PUBLISHING
• Barnes Noble Booksellers Inc.
• Kobo
• OverDrive
• LibriVox
• RBmedia
• NOOK Digital LLC
• Rakuten Kobo Inc.

What the report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations)
• Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 End-user Analysis

3.8 Emerging Markets

3.9 Impact of COVID-19

4 Porters Five Forces Analysis

4.1 Bargaining Power of Suppliers

4.2 Bargaining Power of Buyers

4.3 Threat of Substitutes

4.4 Threat of New Entrants

4.5 Competitive Rivalry

5 Global Audiobooks Market, By Device

5.1 Introduction

5.2 Desktop, Laptops, and Tablets

5.3 Smartphones

5.4 Personal Digital Assistants

6 Global Audiobooks Market, By Genre

6.1 Introduction

6.2 Fiction

6.3 Biography

6.4 Memoir

6.5 Educational

6.6 Suspense & Thriller

6.7 Romance

6.8 Professional

6.9 Personal Grooming & Motivational

6.10 Miscellaneous

6.11 Historical

6.12 Comedy

7 Global Audiobooks Market, By Subscription Type

7.1 Introduction

7.2 Yearly

7.3 Semi-Annually

7.4 Monthly

8 Global Audiobooks Market, By Platform

8.1 Introduction

8.2 Android

8.3 IOS

8.4 Windows

8.5 Website

9 Global Audiobooks Market, By Age Group

9.1 Introduction

9.2 Adults

9.3 Kids

10 Global Audiobooks Market, By Distribution Channel

10.1 Introduction

10.2 Subscription-Based

10.3 One-Time Download

11 Global Audiobooks Market, By Application

11.1 Introduction

11.2 Educational Institutes

11.3 Industries/Commercial Sector

11.4 Book Club

11.5 Personal

11.6 Learning

11.7 Entertainment

12 Global Audiobooks Market, By End-user

12.1 Introduction

12.2 Employed Professional

12.3 Homemaker Retirees

12.4 Student

13 Global Audiobooks Market, By Enterprise Size

13.1 Introduction

13.2 Large Enterprises

13.3 Small & Medium Enterprises

14 Global Audiobooks Market, By Geography

14.1 Introduction

14.2 North America

14.2.1 US

14.2.2 Canada

14.2.3 Mexico

14.3 Europe

14.3.1 Germany

14.3.2 UK

14.3.3 Italy

14.3.4 France

14.3.5 Spain

14.3.6 Rest of Europe

14.4 Asia-Pacific

14.4.1 Japan

14.4.2 China

14.4.3 India

14.4.4 Australia

14.4.5 New Zealand

14.4.6 South Korea

14.4.7 Rest of Asia-Pacific

14.5 South America

14.5.1 Argentina

14.5.2 Brazil

14.5.3 Chile

14.5.4 Rest of South America

14.6 Middle East & Africa

14.6.1 Saudi Arabia

14.6.2 UAE

14.6.3 Qatar

14.6.4 South Africa

14.6.5 Rest of Middle East & Africa

15 Key Developments

15.1 Agreements, Partnerships, Collaborations and Joint Ventures

15.2 Acquisitions & Mergers

15.3 New Product Launches

15.4 Expansions

15.5 Other Key Strategies

16 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/r/qynyiw

View source version on businesswire.com: https://www.businesswire.com/news/home/20201016005345/en/