Bookstat Releases 2022 Publishing Industry Year-in-Review Highlights

Bookstat, the publishing industry’s most comprehensive, real-time data tracking service, revealed a 2022 year-end summary of industry-wide performance. The data shows that total online sales across print, e-book, and digital audiobook formats rose 5.6% in 2022, to $12.13 billion!

Key Highlights for 2022 include:

• 8% growth in ebook unit sales (526M in 2022 vs. 487M year prior) and 6% growth in ebook retail revenue ($2.57B in 2022 vs. $2.43B in 2021) 
• 23% growth in audiobook unit sales (188M in 2022 vs. 153M year prior) and 22% growth in audiobook retail revenue ($3.04B vs. $2.5B year prior)
• Online unit sales of physical books were down -1.3% (403M units vs. 408M year prior) and retail revenue was essentially flat or down 0.6% ($6.52B vs $6.56B year prior
• As a result, the share of physical book sales driven by ecommerce has increased to 56% of the total market, up from 54% year prior
• The creator economy continues to fuel the growth of independent, self-published authors as indie published ebooks captured 51% of overall ebook unit sales and over 34% of ebook retail revenue in 2022, up from 49% and 31% respectively year prior

You can read more on these highlights in this article from Publisher’s Weekly.

We are beyond ecstatic with the progress Bookstat has made since becoming part of the Podium family.