The Asia Pacific Audiobooks Market would witness market growth of 26.6% CAGR during the forecast period (2022-2028).
If there is no voice from the author in the content on different mediums, then there is no guide for the audience to adhere to across the various transmedia, and they will lose interest quickly. Since audiobooks are primarily listened to digitally today, audio publishers occasionally look for audio-specific elements from the author's platform, such as a broadcast or radio show host, before acquiring that title. Giamatti's cameo performance alone elevated the audiobook's reputation even more.
Similar to book readers, podcast listeners are more likely to choose to consume the book in the medium with which they are most comfortable, which supports the audio marketing team's decision to target My Favorite Murder enthusiasts. By targeting podcast listeners, publishers have a greater chance of persuading consumers to listen to an audiobook chapter rather than a podcast episode.
While the narration is a crucial aspect of any audiobook, the established platform and the ability to target listeners through the podcast were crucial to the success of Stay Sexy and Don't Get Murdered. Audiobooks are distributed in any audio format available, but primarily on records, cassette tapes, CDs, MP3 CDs, downloadable digital formats, Windows Media Audio, and Advanced Audio Coding, and solid-state preconfigured digital devices in which the audio content is preloaded and listed alongside a hardware device.
India began to produce audiobooks slightly later than the rest of the globe. On the Indian market, audiobooks only gained mainstream appeal in 2010. This is mostly due to publishers' and writers' lack of organized efforts in the past. The marketing efforts and availability of Audiobooks have made India one of the world's fastest-growing markets for Audiobooks. The lifestyle of urban Indians and one of the longest daily travel times have also contributed to the region's audiobook popularity.
The China market dominated the Asia Pacific Audiobooks Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,364.9 million by 2028.The Japan market is estimated to grow a CAGR of 25.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 27.3% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Audiobooks Market is Projected to reach USD 19.7 Billion by 2028, at a CAGR of 26%
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
Market Segments Covered in the Report:
By Preferred Device
- Smartphones
- Laptops & Tablets
- Personal Digital Assistants
- Others
By Target Audience
By Distribution Channel
- One-time Download
- Subscription-Based
By Genre
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Audiobooks Market, by Preferred Device
1.4.2 Asia Pacific Audiobooks Market, by Target Audience
1.4.3 Asia Pacific Audiobooks Market, by Distribution Channel
1.4.4 Asia Pacific Audiobooks Market, by Genre
1.4.5 Asia Pacific Audiobooks Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent strategies deployed in Audiobooks Market
Chapter 4. Asia Pacific Audiobooks Market by Preferred Device
4.1 Asia Pacific Smartphones Market by Country
4.2 Asia Pacific Laptops & Tablets Market by Country
4.3 Asia Pacific Personal Digital Assistants Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Audiobooks Market by Target Audience
5.1 Asia Pacific Adults Market by Country
5.2 Asia Pacific Kids Market by Country
Chapter 6. Asia Pacific Audiobooks Market by Distribution Channel
6.1 Asia Pacific One-time Download Market by Country
6.2 Asia Pacific Subscription-Based Market by Country
Chapter 7. Asia Pacific Audiobooks Market by Genre
7.1 Asia Pacific Fiction Market by Country
7.2 Asia Pacific Non-Fiction Market by Country
Chapter 8. Asia Pacific Audiobooks Market by Country
8.1 China Audiobooks Market
8.1.1 China Audiobooks Market by Preferred Device
8.1.2 China Audiobooks Market by Target Audience
8.1.3 China Audiobooks Market by Distribution Channel
8.1.4 China Audiobooks Market by Genre
8.2 Japan Audiobooks Market
8.2.1 Japan Audiobooks Market by Preferred Device
8.2.2 Japan Audiobooks Market by Target Audience
8.2.3 Japan Audiobooks Market by Distribution Channel
8.2.4 Japan Audiobooks Market by Genre
8.3 India Audiobooks Market
8.3.1 India Audiobooks Market by Preferred Device
8.3.2 India Audiobooks Market by Target Audience
8.3.3 India Audiobooks Market by Distribution Channel
8.3.4 India Audiobooks Market by Genre
8.4 South Korea Audiobooks Market
8.4.1 South Korea Audiobooks Market by Preferred Device
8.4.2 South Korea Audiobooks Market by Target Audience
8.4.3 South Korea Audiobooks Market by Distribution Channel
8.4.4 South Korea Audiobooks Market by Genre
8.5 Singapore Audiobooks Market
8.5.1 Singapore Audiobooks Market by Preferred Device
8.5.2 Singapore Audiobooks Market by Target Audience
8.5.3 Singapore Audiobooks Market by Distribution Channel
8.5.4 Singapore Audiobooks Market by Genre
8.6 Malaysia Audiobooks Market
8.6.1 Malaysia Audiobooks Market by Preferred Device
8.6.2 Malaysia Audiobooks Market by Target Audience
8.6.3 Malaysia Audiobooks Market by Distribution Channel
8.6.4 Malaysia Audiobooks Market by Genre
8.7 Rest of Asia Pacific Audiobooks Market
8.7.1 Rest of Asia Pacific Audiobooks Market by Preferred Device
8.7.2 Rest of Asia Pacific Audiobooks Market by Target Audience
8.7.3 Rest of Asia Pacific Audiobooks Market by Distribution Channel
8.7.4 Rest of Asia Pacific Audiobooks Market by Genre
Chapter 9. Company Profiles
9.1 Apple, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 Amazon.com, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 SWOT Analysis
9.3 Google LLC
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Storytel AB (Massolit Media AB)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Technology and development expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.5 Downpour (Blackstone Audio, Inc)
9.5.1 Company Overview
9.6 Softonic International S.A.
9.6.1 Company Overview
9.7 W.F. Howes Ltd. (RBmedia) (KKR & Co. Inc.)
9.7.1 Company Overview
9.8 Scribd, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Product Launches and Product Expansions:
9.9 Barnes & Noble, Inc. (Elliott Management Corporation)
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Product Launches and Product Expansions:
9.10. Rakuten Kobo, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Audiobooks Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Audiobooks Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Smartphones Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Smartphones Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Laptops & Tablets Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Laptops & Tablets Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Personal Digital Assistants Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Personal Digital Assistants Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Adults Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Adults Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Kids Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Kids Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 21 Asia Pacific One-time Download Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific One-time Download Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Subscription-Based Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Subscription-Based Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Fiction Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Fiction Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Non-Fiction Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Non-Fiction Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Audiobooks Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Audiobooks Market by Country, 2022 - 2028, USD Million
TABLE 33 China Audiobooks Market, 2018 - 2021, USD Million
TABLE 34 China Audiobooks Market, 2022 - 2028, USD Million
TABLE 35 China Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 36 China Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 37 China Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 38 China Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 39 China Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 China Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 China Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 42 China Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 43 Japan Audiobooks Market, 2018 - 2021, USD Million
TABLE 44 Japan Audiobooks Market, 2022 - 2028, USD Million
TABLE 45 Japan Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 46 Japan Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 47 Japan Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 48 Japan Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 49 Japan Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 Japan Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 Japan Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 52 Japan Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 53 India Audiobooks Market, 2018 - 2021, USD Million
TABLE 54 India Audiobooks Market, 2022 - 2028, USD Million
TABLE 55 India Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 56 India Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 57 India Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 58 India Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 59 India Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 60 India Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 61 India Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 62 India Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 63 South Korea Audiobooks Market, 2018 - 2021, USD Million
TABLE 64 South Korea Audiobooks Market, 2022 - 2028, USD Million
TABLE 65 South Korea Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 66 South Korea Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 67 South Korea Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 68 South Korea Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 69 South Korea Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 South Korea Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 South Korea Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 72 South Korea Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 73 Singapore Audiobooks Market, 2018 - 2021, USD Million
TABLE 74 Singapore Audiobooks Market, 2022 - 2028, USD Million
TABLE 75 Singapore Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 76 Singapore Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 77 Singapore Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 78 Singapore Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 79 Singapore Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 80 Singapore Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 81 Singapore Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 82 Singapore Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 83 Malaysia Audiobooks Market, 2018 - 2021, USD Million
TABLE 84 Malaysia Audiobooks Market, 2022 - 2028, USD Million
TABLE 85 Malaysia Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 86 Malaysia Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 87 Malaysia Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 88 Malaysia Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 89 Malaysia Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 90 Malaysia Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 91 Malaysia Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 92 Malaysia Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 93 Rest of Asia Pacific Audiobooks Market, 2018 - 2021, USD Million
TABLE 94 Rest of Asia Pacific Audiobooks Market, 2022 - 2028, USD Million
TABLE 95 Rest of Asia Pacific Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 96 Rest of Asia Pacific Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 97 Rest of Asia Pacific Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 98 Rest of Asia Pacific Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 99 Rest of Asia Pacific Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 100 Rest of Asia Pacific Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 101 Rest of Asia Pacific Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 102 Rest of Asia Pacific Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 103 Key Information – Apple, Inc.
TABLE 104 Key Information – Amazon.com, Inc.
TABLE 105 Key Information – Google LLC
TABLE 106 Key Information – Storytel AB
TABLE 107 Key Information – Downpour
TABLE 108 Key Information – Softonic International S.A.
TABLE 109 Key Information – W.F. HOWES Ltd.
TABLE 110 Key Information – Scribd, Inc.
TABLE 111 Key Information – Barnes & Noble, Inc.
TABLE 112 Key Information –Rakuten Kobo, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: apple, Inc.
FIG 3 SWOT analysis: Amazon.com, Inc.
FIG 4 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 5 Recent strategies and developments: Storytel AB