Digital share of audiobook market

Uk print book sales fall while audiobooks surge 43. Sales revenues have soared in this area, more than doubling between 2010 and 2016. Audiobook sales grew around 20% year over year across the first eight months of 2017, according to aap data. In the last 12 months alone, 42 per cent of the uk market joined the audiobook club. The companies holding the largest market share in the audiobook publishing in the. The companies holding the largest market share in the audiobook publishing. Jun 25, 2019 overall, the digital book market, which as well as audiobooks includes ebook sales and subscriptions to services such as amazons kindle unlimited, rose 4. A version of this article appeared in the 12142015 issue of publishers weekly under the headline. Apr 01, 2020 the ebook and audiobook versions of harry potter and the philosophers stone uk and harry potter and the sorcerers stone us will be available for unlimited access through your public librarys overdrive digital collection. The rise of audiobooks and the podcast industry deloitte insights. Overall, the digital book market, which as well as audiobooks includes ebook sales and subscriptions to services such as amazons kindle unlimited, rose 4. As an example, in the united states, revenues from sales of print books for consumers trade books in the first six months of 2019 rose by 2. Jan 24, 2018 in 2017, over 30% of all fiction sales in sweden is expected to have been from digital audiobooks, and the overall book market has grown in revenue over the last two years due to new listeners.

Industry market research reports, statistics, analysis, data, trends and forecasts. According to international publishers association, in 20, the book publishing market was dominated by countries such as the u. When you can see all these ebook and audiobook dollars that others cant, you end up with a very different picture of todays market. Across the entire industry, the american association of publishers found, digital audiobook revenue rose 32. Aug 23, 2019 future audiobook trends will bring a more diverse listener as marketing targets people of all ages from all walks of life.

The audiobook market in 2017 home publishing for digital. Audiobook publishers taking full advantage of digital publishing through. Audiobooks are the fastest growing segment in the digital publishing industry. Audiobook publishing in the us industry data, trends, stats. Apr 21, 2020 audio is the fastestgrowing segment in publishing. The rise of audiobooks and the podcast industry deloitte. The publishing industrys digital audiobook revenue is up. The audiobook and podcasting markets are growing far faster than the. Find industry analysis, statistics, trends, data and forecasts on audiobook publishing in the us from ibisworld. Audiobook publishing in the us industry data, trends. Ebook market size, share, analysis, 20142024 industry report. Ebook market global industry analysis, size, share, growth.

In 2017, digital content subscription service scribds fastestgrowing segment was audiobooks. In addition to earning a ba in broadcast journalism and ms in computer information systems, karen has completed extensive specialized training in voiceover and audiobook narration. Share of adults who have listened to an audiobook in the last 12. The uk publishing industry was hit by a surprise fall of. There is a general shift from the early days when the audiobook cd was available as a physical product on loan from the local library towards the ever expanding digital market.

How amazon became the king of audiobooks the atlantic. Global ebook market revenue, by genre, 2014 2024 usd billion over the past few years, the use of ebooks has been significantly growing owing to increasing availability of digital versions of traditional books. Ebook and audiobook holds and wait listed titles totalled 129 million in 2019, a growth of 21% over 2018. Another 20% say that they downloaded their audiobook from a library, while another 20% said that they found their last audiobook on youtube for free.

How will the ongoing formation of the podcast industry affect the digital audiobook industry. Public library ebook and audiobook use rocketed up 20% in 2019. The ubiquitous white headphones found dangling from the ears of millions of consumers is a testament to that, as well as the dwindling sales of compact discs at brickandmortar retailers. Uk books and ebooks market report mintel market research. Audiobooks continue to be the fastest growing segment in digital publishing and. The audiobook industry continues to boom, according to fresh data from. This report is going to look at a few facets of the audiobook industry.

And as every one of them knows, the first rule of audiobook club is you do talk about audiobooks. With audible choosing not to share its sales data, the digital share of the audio market is difficult to estimate. Spls digital audiobook circulation as of the end of july 2018 was at nearly 541,000, after hitting a new peak of just over 730,000 for all of 2017. The publishing industrys digital audiobook revenue is up 32. More recent audiobook buyers were more likely to say digital download 31%. Nov 16, 2019 in a climate where print and ebook sales are stagnant, the uk audiobook market rose to. The united states continues to be the biggest market for the audio format and in 2017. The segment that is expected to dominate the audiobook services market. The apas latest report on audiobook sales in the us shows that the format. Analysis of various perspectives of the market with the help of porters five forces analysis.

Audiobook sales by format when asked about their preferred format, 47% of audiobook buyers said cd and 18% said digital download. One medium that bridges the gap between the traditional book market and new forms of technology is the audiobook. All library patrons will be able to borrow the title simultaneously and your standard loan period will apply. The ratio of physical audiobooks cds to digital downloads is consistently around 80% to 20%, but the number of people buying downloadable audiobooks is steadily increasing. Listening to audiobooks in the car is 32% of the total market. The only way to guarantee your fair share of stock market returns, 10th anniversary edition audible audiobook unabridged john c. Most audiobook listeners engage with their product at home, representing 57% of the total market. All purchased titles are available to all participating schools or districts through this central access point. Current and future of audiobook services market outlook in the developed and emerging markets. Ebook sales never declined, according to a presentation yesterday at digital book world in new york city.

This is a zip file, so please double click to unzip to the multiple mp3 files so you can listen on your device. Mar 27, 2020 in other words, audiobook length is a driving factor in the current market. Audible subscribers get one credit to spend each month, and price says theyre going to pick the trilogy with 30plus hours over the book with sixespecially if theres a great narrator. The vast majority of the market share for audiobook sales is held by just a few major platforms amazon, owned by amazon and apple and your audiobook will be sold on all three platforms, so you have wide and deep distribution to sell your audiobook nationally and internationally. May 16, 2018 one medium that bridges the gap between the traditional book market and new forms of technology is the audiobook. This will likely accelerate as book consumption moves further to digital in the wake of the coronavirus pandemic. Audiobook production trends by spanish accent 20182019.

Early look at the worldwide audiobook report 2019 ebook friendly. Amazon turbocharged audibles domination of audiobooks. Get up to speed on any industry with comprehensive intelligence that is easy to read. The great audiobook mystery published november 15, 2017 by kiera obrien. Interestingly, while audiobooks are rapidly gaining share in both the book market and the overall media market that share isnt coming from print books. They are the largest publishers, but they are also losing market share. In 2017, over 30% of all fiction sales in sweden is expected to have been from digital audiobooks, and the overall book market has grown in revenue over the. Download revenue is up 25%, representing 42% of the market. Reasons to purchase audiobook services market report. Jan 09, 2020 a few more new records set during last years apparent digital content frenzy. Weve removed all social buttons, but if you wish to share this post on twitter or. Revenue from the cd format represents 54% of the market.

In the us, audiobook downloads generate revenue of. The most common way to purchase an audiobook is to use amazon, audible, or itunes to download a digital audio file. Nov 15, 2017 the great audiobook mystery published november 15, 2017 by kiera obrien. Nov 27, 2016 karen commins is an awardwinning, professional audiobook narrator, producer, publisher, writer, and leading curator of information about the audiobook industry. Overall, the digital book market, which as well as audiobooks. A few more new records set during last years apparent digital content frenzy. Audible is the market leader for audiobook downloads in germany they also distribute to apples itunes store. Audiobooks are no longer exempt from the broader shifts in the. Jul 16, 20 of all the ways amazon has come to dominate the book market, especially in the digital arena, its share of audiobook sales probably represents its most formidable preeminence. Audiobook publishing in the uk industry data, trends, stats. Data on the size of the audiobook industry in the united states in 2018. Aug 11, 2018 spls digital audiobook circulation as of the end of july 2018 was at nearly 541,000, after hitting a new peak of just over 730,000 for all of 2017. Oct 10, 2019 sales of audio books in german switzerland from 2009 to 2015.

Sales of audio books in german switzerland from 2009 to 2015. In particular, the simultaneous rise of the digital audiobook format and increased. Aug 08, 2015 theres an audible group of authors who are unhappy about the audiobook market 8 august, 2015 5 may, 2017 amazon, audiobook 16 comments theres been a lot of talk in the mainstream press over the past few months about the blue sky opportunities for audiobooks, but reports on the ground are forecasting much stormier weather. Several companies are concentrating on increasing their digital catalogue for users.