$ 1.23 Bn growth in Audiobook Market in Europe | Benefits and Reader Engagement of Audiobooks to Boost Growth | Technavio

NEW YORK, May 24, 2021 /PRNewswire/ --

The audiobook market in Europe is set to grow by USD 1.23 billion during 2021-2025, registering a CAGR of almost 19%. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Amazon.com Inc., Apple Inc., Barnes & Noble Inc., DOWNPOUR, OverDrive Inc., Penguin Random House LLC, Rakuten Inc., Storytel AB, and W.F.HOWES LTD are some of the major market participants. The proliferation of smart devices and applications will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Audiobook Market in Europe 2021-2025: Segmentation
Audiobook Market in Europe is segmented as below:

• Geography
• Germany
• The UK
• The Netherlands
• France
• Rest Of Europe
• Age group
• Adult
• Kids

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Audiobook Market in Europe 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the audiobook market in Europe provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Alphabet Inc., Amazon.com Inc., Apple Inc., Barnes & Noble Inc., DOWNPOUR, OverDrive Inc., Penguin Random House LLC, Rakuten Inc., Storytel AB, and W.F.HOWES LTD.

The report also covers the following areas:

• Audiobook Market size in Europe
• Audiobook Market trends in Europe
• Audiobook Market industry analysis in Europe

Benefits and reader engagement of audiobooks is likely to emerge as one of the primary trends in the market. However, the growing number of privacy breaches may threaten the growth of the market.

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Related Reports on Consumer Discretionary Include:
Global E-Book Market - Global e-book market is segmented by product (consumer eBook, professional eBook, and educational eBook), platform usage (smartphones, tablets, and others), and geography (North America, Europe, APAC, South America, and MEA).
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Global E-textbook Rental Market - Global e-textbook rental market is segmented by end-user (academic segment and non-academic segment), payment model (subscription services and pay-as-you-go model), and geography (North America, Europe, APAC, South America, and MEA).
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Audiobook Market in Europe 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist audiobook market in Europe growth during the next five years
• Estimation of the audiobook market in Europe size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the audiobook market in Europe
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of audiobook market in Europe vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five Forces Analysis
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Age group

• Market segments
• Comparison by Age group
• Adult - Market size and forecast 2020-2025
• Kids - Market size and forecast 2020-2025
• Market opportunity by Age group

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Germany - Market size and forecast 2020-2025
• UK - Market size and forecast 2020-2025
• The Netherlands - Market size and forecast 2020-2025
• France - Market size and forecast 2020-2025
• Rest of Europe - Market size and forecast 2020-2025
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Competitive scenario
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Alphabet Inc.
• Amazon.com Inc.
• Apple Inc.
• Barnes & Noble Inc.
• DOWNPOUR
• OverDrive Inc.
• Penguin Random House LLC
• Rakuten Inc.
• Storytel AB
• W.F.HOWES LTD

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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Report: www.technavio.com/report/audiobook-market-in-europe-industry-analysis

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