Latin America Audiobooks Market Size & Outlook, 2023-2030

The audiobooks market in Latin America is expected to reach a projected revenue of US$ 1,731.2 million by 2030. A compound annual growth rate of 30.4% is expected of Latin America audiobooks market from 2024 to 2030.
Revenue, 2023 (US$M)
$270.3
Forecast, 2030 (US$M)
$1,731.2
CAGR, 2024 - 2030
30.4%
Report Coverage
Latin America

Latin America audiobooks market highlights

  • The Latin America audiobooks market generated a revenue of USD 270.3 million in 2023.
  • The market is expected to grow at a CAGR of 30.4% from 2024 to 2030.
  • In terms of segment, fiction was the largest revenue generating category in 2023.
  • Non-fiction is the most lucrative category segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 270.3 million
Market revenue in 2030USD 1,731.2 million
Growth rate30.4% (CAGR from 2023 to 2030)
Largest segmentFiction
Fastest growing segmentNon-fiction
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFiction, Non-fiction
Key market players worldwideAmazon.com Inc, Apple Inc, Alphabet Inc Class A, Rakuten Group Inc, Storytel AB Class B, Audible, BarnesandNoble.com, Downpour, Playster, W.F.Howes

Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.0% of the global audiobooks market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 1,230.1 million by 2030.

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Audiobooks Market Companies

Name Profile # Employees HQ Website

Latin America 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 62.08% in 2023. Horizon Databook has segmented the Latin America audiobooks market based on fiction, non-fiction covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Audiobooks Category Outlook (Revenue, USD Million, 2018-2030)
    • Fiction
    • Non-fiction
  • Latin America Audiobooks Target Outlook (Revenue, USD Million, 2018-2030)
    • Kids
    • Adult
  • Latin America Audiobooks Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • One-time download
    • Subscription-based
  • Latin America Audiobooks Preferred Devices Outlook (Revenue, USD Million, 2018-2030)
    • Smartphones
    • Laptops & Tablets
    • Personal Digital Assistants
    • Others
  • Latin America Audiobooks Genre Outlook (Revenue, USD Million, 2018-2030)
    • New & Politics
    • Socitey & Culture
    • Comedy
    • Sports
    • Others

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Target buyers of Latin America audiobooks market databook

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  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America audiobooks market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America audiobooks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America audiobooks market size, by country, 2018-2030 (US$M)

Latin America Audiobooks Market Outlook Share, 2023 & 2030 (US$M)

Latin America audiobooks market size, by country, 2018-2030 (US$M)

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