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Report Overview
The United States audiobooks market reached approximately USD 2.92 Billion in 2024. The market is projected to grow at a CAGR of 10.10% between 2025 and 2034. It is estimated to reach a value of around USD 7.64 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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On April 16, 2024, Spotify shared that 25% of subscribers in the United States tried Audiobooks. This came after the app gave paid subscribers 15 hours of audiobook listening last October to attract new subscribers.
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As of June 3, 2024, the sales of audiobooks in the United States have reached USD 2 billion. Data also showed that 52% of U.S. adults have listened to an audiobook.
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‘Pottermore Publishing’ and ‘Hoopla Digital’ have brought the original Harry Potter Audiobooks to libraries for the first time. These audiobooks will be narrated by award-winning actor Stephen Fry.
United States Audiobooks Market Size
The United States audiobooks market reached approximately USD 2.92 billion in 2023. The market is projected to grow at a CAGR of 10.10% between 2024 and 2032. It is estimated to reach a value of around USD 6.94 billion by 2032.
United States Audiobooks Market Outlook
- On April 16, 2024, Spotify shared that 25% of subscribers in the United States tried Audiobooks. This came after the app gave paid subscribers 15 hours of audiobook listening last October to attract new subscribers.
- As of June 3, 2024, the sales of audiobooks in the United States have reached USD 2 billion. Data also showed that 52% of U.S. adults have listened to an audiobook.
- ‘Pottermore Publishing’ and ‘Hoopla Digital’ have brought the original Harry Potter Audiobooks to libraries for the first time. These audiobooks will be narrated by award-winning actor Stephen Fry.
United States Audiobooks Market Report Snapshots
United States Audiobooks Market Size
United States Audiobooks Market Growth
United States Audiobooks Market Share
United States 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
The US audiobooks market reached a value of approximately USD 2.92 Billion in 2024.
The market will likely grow at a CAGR of 10.10% in the period between 2025 and 2034.
The market is projected to reach a value of around USD 6.94 billion by the year 2034.
Increased availability of smartphones, busy lifestyles of individuals, and increasing popularity of podcasts and high-quality content are the major drivers of the market.
A key trend in the market is advancement in audio recording technologies for more immersive listening experiences.
Based on genre, the market is divided into fiction and non-fiction.
Kids and adults are targeting audience for audiobooks.
The key players in the market are Amazon.com Inc, Apple Inc., Barnes & Noble Booksellers, Inc., Rakuten Group, Inc., Google LLC, Blackstone Audio, Inc., Storytel AB, News Corp., Penguin Random House Co., Podium Publishing ULC, and others.
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