The data describes key data on the audiobook publishing industry in the U.S. as of 2016. The source estimated that the industry grew at a compound annual growth rate of 8% between 2011 and 2016.
The audiobooks industry in the U.S. - additional information Some of the first spoken word recordings were made available for the blind and the visually impaired in 1931. Excerpts from Edgar Allan Poe’s “The Raven” and Helen Keller’s “Midstream” were among the first recorded tests performed. In the past audiobooks gained popularity in cassette tape and CD formats but more recently a shift into the digital media territory has been detected.
Revenue in 2016 (in billion U.S. dollars) | 2 |
Revenue CARG between 2011 and 2016 (in percent) | 8 |
No. of audiobook publishers in 2016 | 102 |
Number of people employed in the audiobook publishing industry in 2016 | 4387 |