At the meeting, I discussed the future of the electronic publishing market with my partners and top advisors. The global electronic publishing market is expected to grow at an annual rate of 2.07%, reaching a projected market volume of US$58.35 billion by 2027. Additionally, the audiobooks market revenue is anticipated to show an annual growth rate of 10.44%, leading to a projected market volume of US$13.03 billion by 2029.
The increasing popularity of audiobooks in the global media market indicates a growing preference for convenient and engaging storytelling experiences among consumers worldwide. Similar to other content streaming industries, audiobook platforms are placing greater emphasis on creating original content and securing exclusive deals with authors and publishers.
After the meeting, a preliminary concept was developed for the investment and production strategy for this sector for 2025.
