The Latin America, Middle East and Africa Audiobooks Market should witness market growth of 30.7% CAGR during the forecast period (2022-2028).
While some people enjoy listening to audio before going to bed, most prefer to do it during their daily commute. Unless consumers have unlimited mobile data access, streaming audio files will be reflected on their phone bill. Streaming is the process of downloading something while listening to it.
Streaming audio content has the advantage of not requiring storage space on a smartphone or tablet. Streaming is the solution if consumers are continually deleting apps and photos to make room for more content. Users may stream Audible premium audiobooks via Audiobooks.com or their computer. Alternatively, streaming is only beneficial if listeners have reliable 4G coverage.
Even 500 MB is typical for an audiobook's file size. Therefore, most users prefer to download podcasts over WiFi for mobile listening. While downloaded books are not kind to the phone's memory, customers are not required to keep them forever. Providers of audiobooks provide a "cloud library" for easy access to favorite books. The same applies to ebooks.
The United Arab Emirates has made substantial investments in initiatives for smart cities, to construct smart cities from scratch and improve the infrastructure of existing towns. Since October 2013, Dubai's authorities have endeavored to develop the city into a "smart city" with advances in six major areas: transportation, communications, infrastructure, power, economic services, and urban planning. The Digital Dubai Authority was created to help the citywide goal to make Dubai the smartest and happiest city in the world.
The Brazil market dominated the LAMEA Audiobooks Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $317.2 million by 2028.The Argentina market is experiencing a CAGR of 31.4% during (2022-2028). Additionally, The UAE market would exhibit a CAGR of 30.4% during (2022-2028).
Based on Preferred Device, the market is segmented into Smartphones, Laptops & Tablets, Personal Digital Assistants and Others. Based on Target Audience, the market is segmented into Adults and Kids. Based on Distribution Channel, the market is segmented into One-time Download and Subscription-Based. Based on Genre, the market is segmented into Fiction and Non-Fiction. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Amazon.com, Inc., Google LLC, Storytel AB (Massolit Media AB), Downpour (Blackstone Audio, Inc), Softonic International S.A., W.F. Howes Ltd. (RBmedia) (KKR & Co. Inc.), Scribd, Inc., Barnes & Noble, Inc. (Elliott Management Corporation), and Rakuten Kobo, Inc.
While some people enjoy listening to audio before going to bed, most prefer to do it during their daily commute. Unless consumers have unlimited mobile data access, streaming audio files will be reflected on their phone bill. Streaming is the process of downloading something while listening to it.
Streaming audio content has the advantage of not requiring storage space on a smartphone or tablet. Streaming is the solution if consumers are continually deleting apps and photos to make room for more content. Users may stream Audible premium audiobooks via Audiobooks.com or their computer. Alternatively, streaming is only beneficial if listeners have reliable 4G coverage.
Even 500 MB is typical for an audiobook's file size. Therefore, most users prefer to download podcasts over WiFi for mobile listening. While downloaded books are not kind to the phone's memory, customers are not required to keep them forever. Providers of audiobooks provide a "cloud library" for easy access to favorite books. The same applies to ebooks.
The United Arab Emirates has made substantial investments in initiatives for smart cities, to construct smart cities from scratch and improve the infrastructure of existing towns. Since October 2013, Dubai's authorities have endeavored to develop the city into a "smart city" with advances in six major areas: transportation, communications, infrastructure, power, economic services, and urban planning. The Digital Dubai Authority was created to help the citywide goal to make Dubai the smartest and happiest city in the world.
The Brazil market dominated the LAMEA Audiobooks Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $317.2 million by 2028.The Argentina market is experiencing a CAGR of 31.4% during (2022-2028). Additionally, The UAE market would exhibit a CAGR of 30.4% during (2022-2028).
Based on Preferred Device, the market is segmented into Smartphones, Laptops & Tablets, Personal Digital Assistants and Others. Based on Target Audience, the market is segmented into Adults and Kids. Based on Distribution Channel, the market is segmented into One-time Download and Subscription-Based. Based on Genre, the market is segmented into Fiction and Non-Fiction. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Amazon.com, Inc., Google LLC, Storytel AB (Massolit Media AB), Downpour (Blackstone Audio, Inc), Softonic International S.A., W.F. Howes Ltd. (RBmedia) (KKR & Co. Inc.), Scribd, Inc., Barnes & Noble, Inc. (Elliott Management Corporation), and Rakuten Kobo, Inc.
Scope of the Study
By Preferred Device
- Smartphones
- Laptops & Tablets
- Personal Digital Assistants
- Others
By Target Audience
- Adults
- Kids
By Distribution Channel
- One-time Download
- Subscription-Based
By Genre
- Fiction
- Non-Fiction
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Apple, Inc.
- Amazon.com, Inc.
- Google LLC
- Storytel AB (Massolit Media AB)
- Downpour (Blackstone Audio, Inc)
- Softonic International S.A.
- W. F. Howes Ltd. (RBmedia) (KKR & Co. Inc.)
- Scribd, Inc.
- Barnes & Noble, Inc. (Elliott Management Corporation)
- Rakuten Kobo, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 4. LAMEA Audiobooks Market by Preferred Device
Chapter 5. LAMEA Audiobooks Market by Target Audience
Chapter 6. LAMEA Audiobooks Market by Distribution Channel
Chapter 7. LAMEA Audiobooks Market by Genre
Chapter 8. LAMEA Audiobooks Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Apple, Inc.
- Amazon.com, Inc.
- Google LLC
- Storytel AB (Massolit Media AB)
- Downpour (Blackstone Audio, Inc)
- Softonic International S.A.
- W.F. Howes Ltd. (RBmedia) (KKR & Co. Inc.)
- Scribd, Inc.
- Barnes & Noble, Inc. (Elliott Management Corporation)
- Rakuten Kobo, Inc.
Methodology
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