APA estimates show 2016's
audiobook sales growth expanding by almost 20 percent again.
As we reported last month, the US Audiobook Publishers Association has reported a third year of strong
audiobook sales growth.
Audiobook sales growth is up 35 % worldwide after 20 % increases 2 years in a row.
Not exact matches
Now that
audiobooks are so easy to download and listen to on our tablets and phones,
sales are seeing the same kind of exponential
growth enjoyed by ebooks in recent years.
Also, due to the dramatic
growth of the
audiobook industry, authors perceive that
sales for audio editions are easily made without much or any effort.
HarperCollins has just reported that they have seen a 7 % increase in digital
sales and specifically cite
audiobooks as a key
growth driver.
The global
audiobook industry is currently worth 2.6 billion dollars and part of the reason why we have seen a dramatic increase in profitability is due to digital In the first eight months of 2014,
sales were up 28 % over the same period last year, far outstripping the
growth of e-books, which rose 6 %.
The digital
audiobook and ebook industry desperately needs new
sales channels to fuel
growth.
5 Reasons
Audiobook Sales Are Booming And How You Can Be Part Of This
Growth
The
audiobook market is booming, with 20 %
growth annually for the last three years, expanding faster than and driving the demand for the
sales of print books, according to a recent Audio Publishers Association
Audiobooks Survey conducted by Edison Research.
Total consumer digital
sales (including consumer ebooks, downloads and
audiobooks) showed the most rapid
growth, having increased by 318 % since 2009 from # 4m to # 16m.
But now that ebook
sales have leveled off,
audiobooks are where the
growth is.
Porter Anderson on Publishing Perspectives Golden Headsets:
Audiobooks» Growth Is Music to Publishers» Ears «At this week's FutureBook conference in London, a new specialized track on audiobooks will give attendees a chance to focus on the born - again format that keeps racking up sal
Audiobooks»
Growth Is Music to Publishers» Ears «At this week's FutureBook conference in London, a new specialized track on
audiobooks will give attendees a chance to focus on the born - again format that keeps racking up sal
audiobooks will give attendees a chance to focus on the born - again format that keeps racking up
sales.»
Print and e-book
sales are on the rise, while
audiobook sales are seeing rapid
growth despite being largely untapped by most publishers, according to early... Read more