Global Audiobooks Market Trends Analysis Report 2023: A $35+ Billion Industry by 2030 - Market Surged During Pandemic, Offering Easy Access and Convenience - ResearchAndMarkets.com
The global audiobooks market size is anticipated to reach USD 35.04 billion by 2030 and is expected to expand at a CAGR of 26.3% from 2023 to 2030.
- The global audiobooks market size is anticipated to reach USD 35.04 billion by 2030 and is expected to expand at a CAGR of 26.3% from 2023 to 2030.
- The audiobooks industry has grown tremendously in recent years due to the rise in demand for audiobooks and the growing presence of audiobook subscription start-ups.
- Audiobooks are always delivered and attended digitally on a tablet, mobile, or computer, ensuring copyright protection and reducing distribution costs.
- The audiobook market gained more relevance and traction due to the COVID-19 pandemic owing to easy accessibility and convenience.