The audiobook industry is expanding, becoming vital to the broader book publishing industry. Over the five years through 2022-23, revenue has grown at a compound annual rate of 11.7% to £222.5 million, including revenue growth of 8.3% in the current year. Technological advancements have a significant influence on the development of the industry.Turn it up: A spike in interest in audiobooks boosts sales
The amount of memory space available on smartphones and other devices has surged, making it easier to download audiobooks.Companies in this industry design, edit and market audiobooks. The industry does not include online-only publishers. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Hachette UK (Holdings) Ltd
- Penguin Random House Ltd
