With the global audiobook market set to cross $35B by 2030, streaming has become the dominant way listeners access books. Discover why audiobooks are booming and how you can launch your own audiobook streaming platform with Muvi One. Continue reading
The way people consume content has changed dramatically. Now it’s all about an endless number of screens and shrinking attention spans. Multitasking has become a way of life, and reading books has taken a backseat. However, with audiobook streaming, access to books has been redefined. It is now one of the most efficient ways to grasp what is written and seems to perfectly fit the modern routines.
Audiobooks, or in simple terms, books that you can hear, allow you to consume long-form content on the go. Users consume audiobooks while on the go, while exercising, cooking, etc and it has become an alternate activity that is minimizing screen time. As digital habits are shifting towards convenience, audiobooks are a great way to reach readers.
This blog talks about why audiobooks are so viral and how you can launch your own audiobooks streaming platform with Muvi One.
As per GrandViewResearch, the global audiobooks market is estimated to be US$ 8.7 billion in 2024 and is expected to reach a whooping US$ 35.47 billion by 2030. It is slowly transitioning from a niche to a mainstream digital product, and with increased smartphone adoption and improved internet connectivity, the numbers are expected to go even further.
Listeners come from multiple demographics. From professionals to students to language learners, a massive number of users now get access to books via audio streaming services. Enterprises and educators are also embracing audiobooks for teaching and training purposes.
This surge clearly points to a booming industry that is redefining content consumption. As audiobook demand grows, streaming has become the dominant delivery model. Instead of downloading large files or managing individual purchases, users now expect instant, on-demand access across devices.
If you’re a content owner with a vast catalog of literature, converting it to audio formats is a wise choice to make, and platforms like Muvi One can help you scale your content across the globe using the right software deployment.
Launching an audiobook is not just about hosting audio files. Many factors contribute to building a specialized audiobook streaming platform. It must support both technical performance and business growth. Without the right infrastructure, it risks a poor user experience, limited scalability, and, most importantly, lost revenue opportunities.
Here are a few must-have features that an audio streaming platform must have.
Audiobooks require minimal screen usage. It’s like a music player, and therefore any audio streaming app will have less screentime but a much higher app usage time. Therefore, such audio-heavy platforms must be easy to navigate and offer seamless access to content.
A successful audio streaming platform must be built around listening behaviour and cover crucial points
That was the front end. Building technology that is easy to use. If we talk about the backend, any successful audiobook streaming solution must support the following.
Audiobooks can offer more than one way to earn revenue. The right platform must support this.
If you’re looking for a good audiobook streaming solution, do try Muvi One once. Muvi One is an end-to-end OTT and audio streaming platform that enables publishers and content owners to launch a fully branded audio book streaming business across multiple apps and ecosystems. The best part?
You do not need to have coding experience to build or manage your audio streaming solution. It removes infrastructure complexity and provides everything required to launch, manage, and scale an audiobook platform under your own brand. All you need to do is acquire content, and Muvi One ensures its seamless global delivery as per your terms and conditions.
Muvi One lets you organize your content efficiently using a nested content management setup, ensuring a structured and user-friendly library for the customers.
Create customizable playlists to cater to different audiences. List and market them accordingly as per the preferences of your audience.
Easily upload your entire audio library in one go, saving time and effort, and instantly populating your platform with rich, diverse on-demand audio content.
Audio files are encoded across multiple formats to suit the internet speeds of the listener. This ensures optimal playback quality across all devices and bandwidth conditions.
Audio players deployed by Muvi are fully customizable and can be tailored to your specific needs and brand requirements.
Add audio in MP3, wav, AAC, AIFF, M4A, m4b, m4p, DVF, RAW, WMA, WebM, FLAC, ogg, mpeg formats. Stream audio content in multiple formats with no compatibility issues.
Leveraging HLS and DASH formats, Muvi deploys DRMs that offer top-tier encryption and security for your audio content, preventing unauthorized access and distribution.
Choose from various monetization methods like Pay-Per-View or Subscription models. Combine methods for maximum revenue generation.
Building an audiobook streaming platform traditionally requires months of development, integrations, and infrastructure planning. Muvi One eliminates these barriers. Offering faster time-to-market, no-code configuration, and enterprise-grade performance and delivery, all you need to do is create and acquire more and more content.
Audiobooks are no longer optional; they are essential. As listening habits evolve and demand accelerates, streaming will continue to define how audio content is consumed and monetized. Take a free 14-day trial of Muvi One and build your OTT audio streaming platform today.
Written by: Shivashish
Shivashish works as a content writer at Muvi. He has worked in domains like e-commerce, employee engagement, sports and entertainment. A poet by heart, Shivashish believes in creating quality content that is rich in information and easy to understand.
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