Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

United Kingdom Audiobooks Market Size

The United Kingdom audiobooks market reached a value of around USD 282.83 million in 2023. During the forecast period of 2024 and 2032, the market is expected to grow at a CAGR of 10.30% to reach around USD 683.44 million by 2032.

 

United Kingdom Audiobooks Market Outlook

  • The United Kingdom’s publishing industry recorded a 3% increase in total revenue generation between 2022-2023, where digital publishing accounted for half of the increase.
  • A changing reading pattern and preference for audiobooks among young readers has driven the growth of the United Kingdom audiobooks market.
  • The entrance of Spotify, a music steaming giant, and startups like books.org in the market can provide lucrative opportunities for high-end publishers and independent bookshops.

 

United Kingdom Audiobooks Market Report Snapshots

United Kingdom Audiobooks Market Size

United Kingdom Audiobooks Market Growth

United Kingdom Audiobooks Market Share

United Kingdom Audiobooks Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 282.83 million.

The United Kingdom audiobooks market is estimated to grow at a CAGR of 10.30% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of USD 683.44 million by 2032.

The growing publishing industry in UK, evolving reading habits of young readers, and flexibility of accessing audiobooks are the major drivers of the market.

Key trends aiding market expansion include the entry of music streaming platforms like Spotify and innovative startups like books.org, increasing number of book readers, and integration of AI in preparing customised audiobooks in multiple languages.

The countries included in report are England, Wales, Northern Ireland, and Scotland.

Based on distribution channel, market segmentations are one-time and subscription-based downloads.

The major players in the market include Amazon.com Inc., Apple Inc., Barnes & Noble Booksellers, Inc., Google LLC, Blackstone Audio, Inc., Storytel AB, W. F. Howes Ltd., Penguin Random House Co., Storytec Ltd., and Bolinda Digital Pty Ltd., among others.

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30 North Gould Street, Sheridan, WY 82801

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

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