While digital consumption is fragmented between short video, streaming and social media, audiobooks are progressing with double-digit growth. Grand View Research data indicate that this market reached $8.7 billion in 2024 worldwide and is projected to reach $35.470 million by 2030, with an annual growth rate of 26.2%. Despite market growth, for Hispanic listeners, language remains a barrier.
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While digital consumption is fragmented between short video, streaming and social media, audiobooks are progressing with double-digit growth. Grand View Research data indicate that this market reached $8.7 billion in 2024 worldwide and is projected to reach $35.470 million by 2030, with an annual growth rate of 26.2%. Despite market growth, for Hispanic listeners, language remains a barrier.