Publishers have reported that audiobook gross sales are up for the tenth straight yr. Particulars of the rise come from the Audio Publishers Affiliation’s (APA) Gross sales Survey carried out by InterQ.
The survey exhibits how audiobook income in 2021 was $1.6 billion, marking a 25% improve and the tenth straight yr of double digit progress. There have been round 74,000 audiobooks offered in 2021, which is 6% greater than in 2020.
Going by proportion of gross sales, science fiction and fantasy was the preferred style, intently adopted by thriller/thrillers/suspense, romance, and fiction. The youngsters’s and younger grownup classes additionally skilled will increase, however the largest progress of any class was romance, which noticed a 75% improve in income.
Moreover, one other APA survey referred to as the 2022 Client Survey was carried out by Edison Analysis. It investigated audiobook demographics, discovering:
- That 41% of listeners subscribe to no less than one audiobook subscription service.
- 61% of oldsters say their kids take heed to audiobooks, which is up from 35% in 2020.
- The proportion of Individuals 18+ years outdated who’ve ever listened to an audiobook rose barely from 44% to 45%.
- Listeners nonetheless are inclined to favor skilled narrators over authors narrating.
Lastly, the Edison Analysis’s Share of Ear® report gathered information on day by day listening habits for Individuals 13+ years outdated. The survey confirmed how the general time spent listening to audiobooks has grown 106% since 2017.
All three research thought of concurrently present how audiobook gross sales are up, and the way they could proceed to develop.
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