An audiobook is a recorded version of a book that is read aloud by a narrator or a group of narrators. It allows people to listen to a book rather than reading it in print or digital format. Audiobooks have gained popularity over the years because they offer a convenient way to consume literature while engaged in other activities, such as driving, exercising, or relaxing.
Audiobooks typically contain a complete narration of the book, including all the text, dialogue, and descriptions found in the printed version. They are available in various formats, including CDs, downloadable files, and streaming services. Audiobook production often involves professional voice actors or well-known celebrities who lend their voices to the characters, adding a new dimension to the storytelling experience.
Audiobooks provide an accessible option for people who may have difficulty reading due to visual impairments, learning disabilities, or other factors. They also offer a different sensory experience compared to reading, as the narration style, tone, and inflections of the narrator can bring the story to life in a unique way.
Audiobooks market size was valued at over 5 billion USD in 2022 (representing 25% growth). This market is expected to reach over 33 billion USD in overall revenue in 2023. To produce an audiobook using human-recorded narration, one has to factor in the cost of equipment, voice actors, and total time spent in production.
As Artificial Intelligence (AI) has improved to create human-sounding voices, Ethereal Multimedia Technology presents a natural-sounding AI digital narration technology. This technology is driven by a neural-emotion AI engine that adds emotions to the listening experience.
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