APA Reports 25% Revenue Growth in 2021
The audiobook industry is growing! Many thanks to the authors fueling that growth by writing great books that people love to listen to. The audiobook market saw 74,000 audiobooks published in 2021 and revenue grew 25% to $1.6 billion, marking the tenth straight year of double-digit growth according to the latest APA (Audio Publishers Association) report.
Authors using Findaway Voices have contributed a significant amount of titles and growth to the industry. This continuous trend is great news for indie authors and publishers, especially those in the romance genre which the APA reports has the most growth with a 75% increase in revenues, followed by self-help (34%) and science fiction (32%). If you’re interested in more info and interesting stats read the full APA report.
We’re excited to see all these positive industry trends, and Findaway Voices is committed to help pushing the acceleration of the entire industry with tools, reach, and opportunities to authors all over the world.