Audio Books Market to Hit US$ 40.04 Billion in 2030 | Driven by rising Smartphones, Laptops and Tablets report by IMR
Audio Books Market Size Was Valued at USD 6.59 Billion in 2023, and is Projected to Reach USD 40.04 Billion by 2030, Growing at a CAGR of 25.3% From 2023-2030.
Audiobooks, once considered a niche, have now become mainstream, appealing to a wide audience. They offer convenience, allowing listeners to enjoy books on-the-go during commutes, workouts, or relaxation sessions. The market focuses on delivering high-quality audio renditions spanning various genres and preferences. Subscription-based models, such as those offered by platforms like Audible, Scribd, and Audiobooks.com, have gained popularity among audiobook enthusiasts. These models provide unlimited access to a library of titles for a fixed monthly fee, offering flexibility and value for money. They also encourage listeners to explore new authors and genres. This trend has led to the development of new voice-based features and integrations, simplifying the audiobook listening experience for users.
Request A Free Sample Of Audio Books Market Report Here:
https://introspectivemarke...
Audio Books Market Size Was Valued at USD 6.59 Billion in 2023, and is Projected to Reach USD 40.04 Billion by 2030, Growing at a CAGR of 25.3% From 2023-2030.
Audiobooks, once considered a niche, have now become mainstream, appealing to a wide audience. They offer convenience, allowing listeners to enjoy books on-the-go during commutes, workouts, or relaxation sessions. The market focuses on delivering high-quality audio renditions spanning various genres and preferences. Subscription-based models, such as those offered by platforms like Audible, Scribd, and Audiobooks.com, have gained popularity among audiobook enthusiasts. These models provide unlimited access to a library of titles for a fixed monthly fee, offering flexibility and value for money. They also encourage listeners to explore new authors and genres. This trend has led to the development of new voice-based features and integrations, simplifying the audiobook listening experience for users.
Request A Free Sample Of Audio Books Market Report Here:
https://introspectivemarke...
8 months ago
