![]() "Publishers can assess audiobook demand for their titles before making an investment in human narration," she said. Paying for voice actors is part of the cost equation. "For many publishers, audiobook production can be a major investment," said Judy Chang, director of product management for Google Play Books. None are created without publisher consent, nor is it something that any consumer could legally create on their own. Google Play offers publishers the ability to create auto-narrated audiobooks as long as publishers own the audiobook's rights and choose auto-narration. Are consumers ready to have AI whispering into their ears? The truth is, it's already happening.Īlphabet 's Google Play and Apple Books utilize AI-generated voices to some extent, and the trend is likely to continue. It also makes audiobooks one more market for AI to attempt to infiltrate, with AI-generated voices stepping in to take the mic from voice actors. That makes audiobooks "the fastest-growing book format in the world by a wide margin," according to Wordsrated. According to a forecast from Wordsrated, a publishing industry research organization, audiobook sector sales can be currently estimated at over $5 billion – near $2 billion from the U.S., the world's largest audiobook market – and revenue is expected to grow 26.4% every year from 2022 to 2030, leading audiobook sales to be north of $35 billion by 2030. The industry has had a decade of double-digit growth, a trend expected to accelerate. ![]() Since the iPhone era began, audiobooks have steadily grown. But it wasn't until they were absorbed into our phones that the medium really took off. It wasn't until the 1970s that books on tape began to soothe the anxiety of commuters. The concept of talking books began in the 1930s and existed for use by the visually impaired. ![]() Personal Loans for 670 Credit Score or LowerĪudiobooks – "talking books" as they were first known – are a fairly recent phenomenon, but they go back much further than Apple and Amazon. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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