The Europe Audiobooks Market would witness market growth of 25.4% CAGR during the forecast period (2022-2028).
In 1955, a German inventor invented the Sound Book cassette system based on the Tefifon format, where the sound was recorded on a continuous loop of grooved Vinylite ribbon, comparable to the older 8-track tape. Even though the original Tefifon, upon which the Sound Book was based, operated at 19 CPS and could contain a maximum of four hours of recordings, one Sound Book could store eight hours of audio since it ran at half the speed or 9.5 CPS.
However, similar to the Tefifon, the format was never widely adopted. A small number of novels are often reduced and sometimes serialized for radio broadcasting. Sometimes audiobooks are completely dramatized copies of the printed book, employing a full cast, music, and sound effects.
These audiobooks, which are essentially audio plays, are known as full-cast audio novels. Radio 3, Radio 4, and Radio 4 Extra of the BBC have broadcast such works as William Gibson's novel Neuromancer. Audio first production is an original spoken word audio production that is not based on a book. In 2018, Joe Hill, the son of Stephen King, published a Vinyl First audiobook entitled Dark Carousel.
The development and use of audiobooks in Germany closely resemble those in the United States. The 1955 founding of the West German Audio Book Library for the Blind is a prime example of its application. In an improvised studio lined with egg cartons, actors from Münster's municipal theatre recorded the first audiobooks for the visually handicapped. Due to the proximity of the trams, these early performances took held at night.
The Germany market dominated the Europe Audiobooks Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,285.1 million by 2028.The UK market is anticipated to grow a CAGR of 24.4% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 26.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Audiobooks Market will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Audiobooks Market, by Preferred Device
1.4.2 Europe Audiobooks Market, by Target Audience
1.4.3 Europe Audiobooks Market, by Distribution Channel
1.4.4 Europe Audiobooks Market, by Genre
1.4.5 Europe 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. Europe Audiobooks Market by Preferred Device
4.1 Europe Smartphones Market by Country
4.2 Europe Laptops & Tablets Market by Country
4.3 Europe Personal Digital Assistants Market by Country
4.4 Europe Others Market by Country
Chapter 5. Europe Audiobooks Market by Target Audience
5.1 Europe Adults Market by Country
5.2 Europe Kids Market by Country
Chapter 6. Europe Audiobooks Market by Distribution Channel
6.1 Europe One-time Download Market by Country
6.2 Europe Subscription-Based Market by Country
Chapter 7. Europe Audiobooks Market by Genre
7.1 Europe Fiction Market by Country
7.2 Europe Non-Fiction Market by Country
Chapter 8. Europe Audiobooks Market by Country
8.1 Germany Audiobooks Market
8.1.1 Germany Audiobooks Market by Preferred Device
8.1.2 Germany Audiobooks Market by Target Audience
8.1.3 Germany Audiobooks Market by Distribution Channel
8.1.4 Germany Audiobooks Market by Genre
8.2 UK Audiobooks Market
8.2.1 UK Audiobooks Market by Preferred Device
8.2.2 UK Audiobooks Market by Target Audience
8.2.3 UK Audiobooks Market by Distribution Channel
8.2.4 UK Audiobooks Market by Genre
8.3 France Audiobooks Market
8.3.1 France Audiobooks Market by Preferred Device
8.3.2 France Audiobooks Market by Target Audience
8.3.3 France Audiobooks Market by Distribution Channel
8.3.4 France Audiobooks Market by Genre
8.4 Russia Audiobooks Market
8.4.1 Russia Audiobooks Market by Preferred Device
8.4.2 Russia Audiobooks Market by Target Audience
8.4.3 Russia Audiobooks Market by Distribution Channel
8.4.4 Russia Audiobooks Market by Genre
8.5 Spain Audiobooks Market
8.5.1 Spain Audiobooks Market by Preferred Device
8.5.2 Spain Audiobooks Market by Target Audience
8.5.3 Spain Audiobooks Market by Distribution Channel
8.5.4 Spain Audiobooks Market by Genre
8.6 Italy Audiobooks Market
8.6.1 Italy Audiobooks Market by Preferred Device
8.6.2 Italy Audiobooks Market by Target Audience
8.6.3 Italy Audiobooks Market by Distribution Channel
8.6.4 Italy Audiobooks Market by Genre
8.7 Rest of Europe Audiobooks Market
8.7.1 Rest of Europe Audiobooks Market by Preferred Device
8.7.2 Rest of Europe Audiobooks Market by Target Audience
8.7.3 Rest of Europe Audiobooks Market by Distribution Channel
8.7.4 Rest of Europe 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 Europe Audiobooks Market, 2018 - 2021, USD Million
TABLE 2 Europe Audiobooks Market, 2022 - 2028, USD Million
TABLE 3 Europe Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 4 Europe Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 5 Europe Smartphones Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Smartphones Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Laptops & Tablets Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Laptops & Tablets Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Personal Digital Assistants Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Personal Digital Assistants Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 14 Europe Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 15 Europe Adults Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Adults Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Kids Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Kids Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 20 Europe Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 21 Europe One-time Download Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe One-time Download Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Subscription-Based Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Subscription-Based Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 26 Europe Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 27 Europe Fiction Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Fiction Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Non-Fiction Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Non-Fiction Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Audiobooks Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Audiobooks Market by Country, 2022 - 2028, USD Million
TABLE 33 Germany Audiobooks Market, 2018 - 2021, USD Million
TABLE 34 Germany Audiobooks Market, 2022 - 2028, USD Million
TABLE 35 Germany Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 36 Germany Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 37 Germany Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 38 Germany Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 39 Germany Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 Germany Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 Germany Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 42 Germany Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 43 UK Audiobooks Market, 2018 - 2021, USD Million
TABLE 44 UK Audiobooks Market, 2022 - 2028, USD Million
TABLE 45 UK Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 46 UK Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 47 UK Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 48 UK Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 49 UK Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 UK Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 UK Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 52 UK Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 53 France Audiobooks Market, 2018 - 2021, USD Million
TABLE 54 France Audiobooks Market, 2022 - 2028, USD Million
TABLE 55 France Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 56 France Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 57 France Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 58 France Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 59 France Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 60 France Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 61 France Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 62 France Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 63 Russia Audiobooks Market, 2018 - 2021, USD Million
TABLE 64 Russia Audiobooks Market, 2022 - 2028, USD Million
TABLE 65 Russia Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 66 Russia Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 67 Russia Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 68 Russia Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 69 Russia Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Russia Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Russia Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 72 Russia Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 73 Spain Audiobooks Market, 2018 - 2021, USD Million
TABLE 74 Spain Audiobooks Market, 2022 - 2028, USD Million
TABLE 75 Spain Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 76 Spain Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 77 Spain Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 78 Spain Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 79 Spain Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 80 Spain Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 81 Spain Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 82 Spain Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 83 Italy Audiobooks Market, 2018 - 2021, USD Million
TABLE 84 Italy Audiobooks Market, 2022 - 2028, USD Million
TABLE 85 Italy Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 86 Italy Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 87 Italy Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 88 Italy Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 89 Italy Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 90 Italy Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 91 Italy Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 92 Italy Audiobooks Market by Genre, 2022 - 2028, USD Million
TABLE 93 Rest of Europe Audiobooks Market, 2018 - 2021, USD Million
TABLE 94 Rest of Europe Audiobooks Market, 2022 - 2028, USD Million
TABLE 95 Rest of Europe Audiobooks Market by Preferred Device, 2018 - 2021, USD Million
TABLE 96 Rest of Europe Audiobooks Market by Preferred Device, 2022 - 2028, USD Million
TABLE 97 Rest of Europe Audiobooks Market by Target Audience, 2018 - 2021, USD Million
TABLE 98 Rest of Europe Audiobooks Market by Target Audience, 2022 - 2028, USD Million
TABLE 99 Rest of Europe Audiobooks Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 100 Rest of Europe Audiobooks Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 101 Rest of Europe Audiobooks Market by Genre, 2018 - 2021, USD Million
TABLE 102 Rest of Europe 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