You'll find:
Audiobooks are an expanding segment not only of the book market but also the audio market (music, radio, podcasts, etc.). There is something for everyone it seems, and it’s growing.
Growing Segment
Here are some facts from the Audio Publishers Association (APA) survey done in Spring 2022. It may have you thinking of publishing an audio format of your book. Or if you would rather skip the data and jump to the resources, scroll down to Getting Started.
45% of Americans 18+ have ever listened to an audiobook
54% of frequent audiobook listeners are under the age of 45; this is up from 52% in 2019
Listeners continue to prefer professional narration over author-read books
41% of listeners indicated they subscribe to at least one audiobook service
Daily audiobook listeners spend more time listening to books than any other form of audio (radio, podcasts, etc.)
Daily reach of audiobook consumption has grown 94% since 2017
61% of parents say their children listen to audiobooks, compared to the 35% measured in 2020
Genres experiencing the most growth in 2021
Romance (75%)
Self-Help (34%)
Science Fiction (32%)
Overall share of time spent listening to audio for audiobooks has grown 106% since 2017
And other facts provided by APA
Audio publishing revenue has more than doubled between 2017 and 2021
Number of audiobook titles produced…
In 2006 — 3,098 audiobooks
In 2011 — 7,237 audiobooks
In 2016 — 42,960 audiobooks
In 2021 — 73,898 audiobooks
In September 2022, Spotify entered the arena of audiobooks, offering it to 188 million U.S. subscribers. By December 31, 2022, Spotify reported 205 million subscribers with 489 million monthly active users. They expanded audiobooks to the U.K., Ireland, Australia, and New Zealand. Spotify’s Q4 2022 Results
Getting Started
I’ll start by saying, “I don’t know what I don’t know” about producing and publishing audiobooks, but here’s where I’d start.
Audio Publishers Association — Getting Started
Author’s Republic — Blog
ACX — How It Works
Findaway Voices Marketplace – if you want to sell your book on Spotify
Google Play Books — Auto-narrated audiobooks
Where to Look for Audiobooks
Hoopla (through your local library)
and
Check out the 2023 Audie Awards® Finalists for ideas
Resource Roundup
Audio Publishers Association — Getting Started
Author’s Republic — Blog
ACX — How It Works
Findaway Voices Marketplace (platform for Spotify)
Google Play Books — Auto-narrated audiobooks
tl;dr
The audiobook market is growing
Resources for getting started in publishing an audiobook
Sites that offer audiobooks
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