![]() In reality, a major part of the world doesn’t speak English. That said, not everybody knows how to read or write English. In other words, audiobooks help people squeeze more reading into their daily lives. Other growth factors include an increasing thirst for audio content, convenience, flexibility, and localization options.įor some, listening to the audio version of a book makes their commuting bearable others enjoy hearing it while doing household chores. ![]() This ease of accessibility is one of the major reasons for the surge of audiobooks. ![]() Available as digital audio files, these can be played on a wide variety of consumer electronic devices, including phones, tablets, computers, home speaker systems, and in-car entertainment systems-any device that supports streaming audio. Audiobooks can be exact word-for-word versions of a book or abridged versions. In essence, audiobooks are voice recordings of the text of a book that one can listen to rather than read. So, what is an audiobook, and what is driving its dynamic growth? Industry reports predict that the audiobook industry will experience over 25 percent growth by 2027. Audiobooks have been riding a wave of popularity in recent years, and the pandemic-induced lockdown only intensified people’s appetite for audiobooks. Many users find listening to be more personalized than reading as they feel a deep connection towards it.Īccording to the Audio Publishers Association, about 55 million people listen to an audio book each year and this number only continues to grow exponentially. Audiobooks have, in fact, added a new dimension to how content is consumed. From the pale yellow undertones of old book pages to vinyl records and cassettes to CDs, and finally, the immersive, hands-free audiobooks, we have seen it all. We have come a long way in embracing books in various forms.
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