According to the UnivDatos analysis, the growing popularity of mobile devices, the rising popularity of audiobooks among various age groups, and the integration of advanced technologies drive the audiobooks market. As per their “Audiobooks Market” report, the global market was valued at USD 6,961.4 million in 2024, growing at a CAGR of about 26.36% during the forecast period from...

Key Highlights of the Report: Growing Popularity of Mobile Devices: The use of smartphones and tablets has grown tremendously, and the popularity of audiobooks is at an all-time high. Mobile applications provide users with on-the-go access, utilizing waiting time to accomplish something productive. This convenience has led to global audiobook adoption, particularly among younger, tech-oriented...

The audiobook industry has experienced rapid growth over the past decade, transforming from a niche format into a mainstream medium for consuming literature and informational content. Large parts of this growth have been driven by the adoption of sophisticated technologies that are revolutionizing production, distribution, and consumer interaction. From AI-narrated audiobooks to engaging...