The Audio Publishers Association reported a robust growth of audiobook sales, reaching $2.22 billion in 2024, up 13% from the previous year, predominantly fueled by digital audiobooks. A survey indicated over half of American adults have listened to audiobooks, with substantial interest among non-listeners. Accessibility on preferred platforms was a significant factor for consumers. Popular genres for audiobooks included General Fiction and Romance, with notable sales increases. Concerns regarding AI narration were also raised, as willingness to try such performances decreased from the previous year, highlighting the ongoing dynamics in the audiobook industry.
Audiobook sales revenue grew by double digits in 2024, reaching $2.22 billion. This growth indicates a strong shift towards digital consumption, with digital audiobooks driving 99% of revenue growth.
Fifty-one percent of American adults have listened to an audiobook, with interest among non-listeners rising markedly. Accessibility to preferred platforms remains a top priority for current and potential listeners.
Genres such as Romance and Children's & YA audiobooks saw substantial growth, suggesting changing consumer preferences and increased engagement with diverse topics in audiobook formats.
Despite the rise in AI narration, willingness to embrace these options has slightly declined. Professional narrators express concern over AI potentially displacing human performers in the audiobook industry.
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