Report ID: SQSG45B2023
Report ID:
SQSG45B2023 |
Region:
Global |
Published Date: December, 2024
Pages:
165
|
Tables:
115 |
Figures:
77
North America had the highest revenue share of more than 45.0% in 2021 and is expected to lead the audiobooks market throughout the forecast period due to early and rapid technological adoption to better user experience. The presence of a large number of prominent firms offering audiobooks in the region is driving market growth. Another factor fueling market expansion is the region's significant number of smartphone users. Asia Pacific, on the other hand, is predicted to grow significantly during the forecast period. This is owing to the availability of a diverse selection of audiobooks in a variety of regional languages. In addition, the use of audiobooks in schools, both in English and in regional languages, to improve student performance is fueling market expansion.
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Report ID: SQSG45B2023