Spotify Now Launch Audiobook Service In U.S.

Spotify Audiobook
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Swedish audio streaming service, Spotify has now launched its audiobook streaming service In the U.S. they access 300,000 audiobook titles.

On a pay-per-book Spotify audiobook model, over 300,000 titles are available, which means they’re not automatically available to stream with an existing paid Spotify subscription.

Spotify users will be able to browse the catalog on the Spotify app and purchase through the website, it added, similar to the purchase of a Spotify subscription.

As per GN News, The audiobooks market was estimated at $4.8 billion in 2021 and was expected to grow at about 14% compound annual growth rate to $9.3 billion by 2026, according to media consultancy Omdia.