Spotify takes on Amazon's Audible, launches audiobook service for US users
(VOVWORLD) - Spotify is locking horns with Amazon’s Audible, with the launch of its audiobook service in the United States.
 A headset is seen in front of a screen projection of Spotify logo, in this picture illustration taken April 1, 2018. (Photo: REUTERS) |
Spotify users in the country will have access to over 300,000 audiobook titles, the Swedish firm said in a blog this week.
Users will be able to browse the catalog on the Spotify app and purchase through the website, it added, similar to the purchase of Spotify subscription.
The audiobooks market was estimated at 4.8 billion USD in 2021 and was expected to grow at about 14% compound annual rate to 9.3 billion USD by 2026.