Books have been our companions since ancient times. It has consistently encouraged valuable knowledge, vocabulary, and cognitive boost in people while also building empathy and creativity. While traditional reading has been widely adopted by people, it seems like audiobooks are giving nip and tuck competition to the same. In fact, the competition is so tough that there is a … [Read more...] about Audiobooks Are On The Rise! Does That Mean Traditional Reading Is Fading Away?
Audiobook Stats
Audiobook Revenue Almost Doubles for the 11th Straight Year
According to an Audio Publishers Association’s Sales Survey, publishers’ audiobook revenue increased by 10% in 2022 to $1.8 billion. This represents a double-digit growth in the 11th straight year. For 2022, the 28 member publishers of the Audio Publishers Association (APA) reported a 10% increase in overall audiobook revenue, driving a total of $1.8 billion in sales for the … [Read more...] about Audiobook Revenue Almost Doubles for the 11th Straight Year
10 Audiobook Stats You Should Know in 2023
Audiobooks have become tremendously popular over the past few years. After all, you can listen to audiobooks while driving, doing house chores, or exercising, without straining your eyes glued to the screen. Affordable and accessibility are other reasons why this book-reading format is becoming popular at an unprecedented pace, with no signs of stopping. We did our research … [Read more...] about 10 Audiobook Stats You Should Know in 2023