Global Audiobooks Market Size & Outlook
The audiobooks industry worldwide is expected to reach a projected revenue of US$ 35,045.5 million by 2030. A compound annual growth rate of 26.3% is expected of the worldwide audiobooks industry from 2024 to 2030.
Revenue, 2023 (US$M)
$6,825.2
Forecast, 2030 (US$M)
$35,045.5
CAGR, 2024 - 2030
26.3%
Report Coverage
Worldwide
Global audiobooks market, 2018-2030 (US$M)
Related Markets
Global audiobooks market highlights
- The global audiobooks market generated a revenue of USD 6,825.2 million in 2023 and is expected to reach USD 35,045.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 26.3% by 2030.
- In terms of segment, fiction accounted for a revenue of USD 4,396.5 million in 2023.
- Non-fiction is the most lucrative category segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,825.2 million |
| Market revenue in 2030 | USD 35,045.5 million |
| Growth rate | 26.3% (CAGR from 2023 to 2030) |
| Largest segment | Fiction |
| Fastest growing segment | Non-fiction |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fiction, Non-fiction |
Other key industry trends
- In terms of revenue, the North America accounted for 44.6% of the global audiobooks market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 7,151.7 million by 2030.
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Audiobooks Market Scope
Audiobooks market segmentation & scope
Audiobooks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global audiobooks market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to audiobooks market will help companies and investors design strategic landscapes.
fiction was the largest segment with a revenue share of 64.42% in 2023. Horizon Databook has segmented the Global audiobooks market based on fiction, non-fiction covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Audiobooks Category Outlook (Revenue, USD Million, 2018-2030)
- Fiction
- Non-fiction
- Global Audiobooks Target Outlook (Revenue, USD Million, 2018-2030)
- Kids
- Adult
- Global Audiobooks Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- One-time download
- Subscription-based
- Global Audiobooks Preferred Devices Outlook (Revenue, USD Million, 2018-2030)
- Smartphones
- Laptops & Tablets
- Personal Digital Assistants
- Others
- Global Audiobooks Genre Outlook (Revenue, USD Million, 2018-2030)
- New & Politics
- Socitey & Culture
- Comedy
- Sports
- Others
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Target buyers of Global audiobooks market databook
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Our clientele includes a mix of audiobooks market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global audiobooks market , including forecasts for subscribers. This global databook contains high-level insights into Global audiobooks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global audiobooks market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Audiobooks market size, 2023 (USD Million)
Top 10 countries: Audiobooks market size, 2023 (USD Million)
Global audiobooks market, by region, 2023 (US$M)
Related regional statistics
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