(7 Jun 2025) With the rise of smartphones, smart speakers, and other products, digital audiobooks are taking off in a big way. Their market share is expected to increase by 26.4% year-over-year and is projected to reach globally $ 10 billion in 2025, growing to $ 56.09 billion by 2032.
Coherent Market Insights provided this data, stating that fiction titles are expected to dominate the industry, accounting for approximately USD 7 billion in revenue by 2025. The adult category is expected to account for more than three-quarters of the global audiobooks market share by 2025.
The North American audiobooks market is estimated to be valued at around USD 4.75 Bn by 2025, owing to the increased popularity of audiobooks. The Asian Pacific region is expected to account for over one-fourth of the global industry in 2025.
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