Urim Books prepares to meet increased audiobook demand
in South Korea
Christian audiobooks rank as bestsellers in South Korean book market
The global audiobooks market size is expected to reach USD 15.0 billion by 2027, expanding at an estimated CAGR(Compound annual growth rate) of 24.4% from 2020 to 2027, according to a report by Grand View Research, Inc.
The S. Korean audiobook market has been showing signs of growth ever since COVID-19 broke out in last February, which led to an increase in the amount of time people spend indoors.
As South Korea’s market for audiobooks expands, a leading Christian publisher Urim Books, an international member of ECPA, plans to prepare to meet the needs of Christian audiences.
In the middle of March this year, they published two titles in Korean language; “The Message of the Cross” and “Love : Fulfillment of the Law”, and both of them were listed as daily and weekly bestsellers in the Kyobo Bookstore audiobook category. Kyobo Bookstore is one of the largest bookstore chain in South Korea.
This week, Urim also produced the other title “The Measure of Faith” and it is available now in S. Korean audiobook market.
Urim Books is to produce further audio titles in various languages to keep pace with the increasing number of international audiobook audiences.