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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.
Technavio has announced its latest market research report titled Audiobook Market in Europe by Age Group and Geography - Forecast and Analysis 2021-2025
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,
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