Putting this together, the audiobook market is growing at a rate of 30% per year, which nearly quadruples the growth rate for eBooks. As a matter of fact, almost half of all Americans listened to an audiobook last year and the audiobook market is nearly 3.5 billon dollars! Think about it-we listen to podcasts in our cars and at the gym, portable high-quality Bluetooth speakers are abundant and everyone is listening to audiobooks. Unless you’ve been living in a cave for the last few years, you have experienced the “advent of audio.” Question: Which of the following book formats has the highest year over year growth in the last three years?
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