Thriving on Change: Current Developments in Audio

According to Fitzgerald, audio has also been doing well across Europe, with the Asian Pacific region poised for large growth in the years ahead. "There are signs that this level of growth will continue for many years to come," he said, "the US has had eleven consecutive years of double-digit growth, and in the UK the revenue from audiobooks in 2022 was triple that of 2017. "New audiobook distributors are being launched every day, allowing listeners to find audiobooks in a variety of new digital storefronts, under a variety of purchasing models. As audiobook publishers and distributors continue to expand into other markets, growth will continue. And as more content becomes available in local languages around the globe, more listeners will be found."