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Amid lockdown, audiobook platform Storytel sees spike in users May 19, 2021 The global market for audiobooks is projected to reach $20 billion by 2030 Oral Storytelling has been an inseparable part of Indian tradition for several centuries. The Covid-19 pandemic has provided an opportunity for many people to rediscover the joy of listening to stories. With the lockdown confining people to their homes and restricting the options for outdoor entertainment, many people are now exploring audiobooks along with their families. “Our year-on-year growth has been constant and healthy but during the lockdown the intake (of service) has witnessed a significant growth as more and more people are willing to try our service,” said Yogesh Dashrath, country manager in India for Storytel. ....