Global Audiobooks Market 2024-2028

Description

List of Tables

The audiobooks market is forecasted to grow by USD 20652.6 mn during 2023-2028, accelerating at a CAGR of 33.19% during the forecast period. The report on the audiobooks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by proliferation of smart devices and applications, rising adoption of online language translation modules in audiobooks, and integration of artificial intelligence with audiobooks.

Technavio's audiobooks market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	26.3%
CAGR	33.19%
Incremental Value	$20652.6 mn

By Type

Fiction
Non-fiction

By Channel

One-time download
Subscription-based

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the increasing use of voice assistants and smart speakers to listen to audiobooks as one of the prime reasons driving the audiobooks market growth during the next few years. Also, increasing partnerships and mergers and acquisitions among vendors and increasing launch of audiobook applications will lead to sizable demand in the market.

The report on the audiobooks market covers the following areas:

Audiobooks market sizing
Audiobooks market forecast
Audiobooks market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading audiobooks market vendors that include Alphabet Inc., Amazon.com Inc., Apple Inc., Barnes and Noble Booksellers Inc., Bonnier, BookLender.com, DOWNPOUR, KUKU FM, Libro.fm SPC., LMBPN Publishings, Midwest Tape LLC, Open Culture LLC., Pubmark Inc., Rakuten Group Inc., RBmedia, Scribd Inc., Spotify Technology SA, Storynory Ltd., Storytel AB, and W.F. Howes Ltd.. Also, the audiobooks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR76188

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Channel
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Audiobooks Market 2018 - 2022
- Historic Market Size - Data Table on Global Audiobooks Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Channel segment analysis 2018 - 2022
- Historic Market Size - Channel Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
6.3 Fiction - Market size and forecast 2023-2028
- Chart on Fiction - Market size and forecast 2023-2028 ($ million)
- Data Table on Fiction - Market size and forecast 2023-2028 ($ million)
- Chart on Fiction - Year-over-year growth 2023-2028 (%)
- Data Table on Fiction - Year-over-year growth 2023-2028 (%)
6.4 Non-fiction - Market size and forecast 2023-2028
- Chart on Non-fiction - Market size and forecast 2023-2028 ($ million)
- Data Table on Non-fiction - Market size and forecast 2023-2028 ($ million)
- Chart on Non-fiction - Year-over-year growth 2023-2028 (%)
- Data Table on Non-fiction - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Channel

7.1 Market segments
- Chart on Channel - Market share 2023-2028 (%)
- Data Table on Channel - Market share 2023-2028 (%)
7.2 Comparison by Channel
- Chart on Comparison by Channel
- Data Table on Comparison by Channel
7.3 One-time download - Market size and forecast 2023-2028
- Chart on One-time download - Market size and forecast 2023-2028 ($ million)
- Data Table on One-time download - Market size and forecast 2023-2028 ($ million)
- Chart on One-time download - Year-over-year growth 2023-2028 (%)
- Data Table on One-time download - Year-over-year growth 2023-2028 (%)
7.4 Subscription-based - Market size and forecast 2023-2028
- Chart on Subscription-based - Market size and forecast 2023-2028 ($ million)
- Data Table on Subscription-based - Market size and forecast 2023-2028 ($ million)
- Chart on Subscription-based - Year-over-year growth 2023-2028 (%)
- Data Table on Subscription-based - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Channel
- Market opportunity by Channel ($ million)
- Data Table on Market opportunity by Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Alphabet Inc.
- Alphabet Inc. - Overview
- Alphabet Inc. - Business segments
- Alphabet Inc. - Key offerings
- Alphabet Inc. - Segment focus
12.4 Amazon.com Inc.
- Amazon.com Inc. - Overview
- Amazon.com Inc. - Business segments
- Amazon.com Inc. - Key news
- Amazon.com Inc. - Key offerings
- Amazon.com Inc. - Segment focus
12.5 Apple Inc.
- Apple Inc. - Overview
- Apple Inc. - Business segments
- Apple Inc. - Key news
- Apple Inc. - Key offerings
- Apple Inc. - Segment focus
12.6 Barnes and Noble Booksellers Inc.
- Barnes and Noble Booksellers Inc. - Overview
- Barnes and Noble Booksellers Inc. - Product / Service
- Barnes and Noble Booksellers Inc. - Key news
- Barnes and Noble Booksellers Inc. - Key offerings
12.7 Bonnier
- Bonnier - Overview
- Bonnier - Product / Service
- Bonnier - Key offerings
12.8 BookLender.com
- BookLender.com - Overview
- BookLender.com - Product / Service
- BookLender.com - Key offerings
12.9 DOWNPOUR
- DOWNPOUR - Overview
- DOWNPOUR - Product / Service
- DOWNPOUR - Key offerings
12.10 KUKU FM
- KUKU FM - Overview
- KUKU FM - Product / Service
- KUKU FM - Key offerings
12.11 Libro.fm SPC.
- Libro.fm SPC. - Overview
- Libro.fm SPC. - Product / Service
- Libro.fm SPC. - Key offerings
12.12 Midwest Tape LLC
- Midwest Tape LLC - Overview
- Midwest Tape LLC - Product / Service
- Midwest Tape LLC - Key offerings
12.13 Pubmark Inc.
- Pubmark Inc. - Overview
- Pubmark Inc. - Product / Service
- Pubmark Inc. - Key offerings
12.14 Rakuten Group Inc.
- Rakuten Group Inc. - Overview
- Rakuten Group Inc. - Business segments
- Rakuten Group Inc. - Key news
- Rakuten Group Inc. - Key offerings
- Rakuten Group Inc. - Segment focus
12.15 RBmedia
- RBmedia - Overview
- RBmedia - Product / Service
- RBmedia - Key offerings
12.16 Scribd Inc.
- Scribd Inc. - Overview
- Scribd Inc. - Product / Service
- Scribd Inc. - Key offerings
12.17 Storytel AB
- Storytel AB - Overview
- Storytel AB - Product / Service
- Storytel AB - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations