The webtoons global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Webtoons Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The webtoons market size has grown exponentially in recent years. It will grow from $6.33 billion in 2023 to $8.24 billion in 2024 at a compound annual growth rate (CAGR) of 30.3%. The growth in the historic period can be attributed to increased popularity of digital comics and online storytelling platforms, rise in prevalence of smartphones, increased demand for mobile-friendly and easily accessible entertainment content, increased trend towards digitalization, rise in content digitization and mobile first consumption .
The webtoons market size is expected to see exponential growth in the next few years. It will grow to $23.94 billion in 2028 at a compound annual growth rate (CAGR) of 30.6%. The growth in the forecast period can be attributed to rising adoption of digital platforms and devices, rising growth of mobile based subscriptions, increasing demand for webtoons owning to the mobile phone, PC/notebook, tablet computer, increasing internet users, increasing diversity in genres and themes. Major trends in the forecast period include technological advancement, new product innovation, mergers and acquisitions, partnerships between broadcasting networks, expansion of licensed content.
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Scope Of Webtoons Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Webtoons Market Overview
Market Drivers –
The webtoons market size has grown exponentially in recent years. It will grow from $6.33 billion in 2023 to $8.24 billion in 2024 at a compound annual growth rate (CAGR) of 30.3%. The growth in the historic period can be attributed to increased popularity of digital comics and online storytelling platforms, rise in prevalence of smartphones, increased demand for mobile-friendly and easily accessible entertainment content, increased trend towards digitalization, rise in content digitization and mobile first consumption .
The webtoons market size is expected to see exponential growth in the next few years. It will grow to $23.94 billion in 2028 at a compound annual growth rate (CAGR) of 30.6%. The growth in the forecast period can be attributed to rising adoption of digital platforms and devices, rising growth of mobile based subscriptions, increasing demand for webtoons owning to the mobile phone, PC/notebook, tablet computer, increasing internet users, increasing diversity in genres and themes. Major trends in the forecast period include technological advancement, new product innovation, mergers and acquisitions, partnerships between broadcasting networks, expansion of licensed content.
Market Trends –
The webtoons market covered in this report is segmented –
1) By Product: Subscription Based, Advertisement Based
2) By Genre: Action, Science Fiction (Sci-Fi), Horror, Comedy, Romance, Other Genres
3) By Application: Mobile Phone, Personal Computer (PC) Or Notebook, Tablet Computer, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the webtoons market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the webtoons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
NAVER Corporation, Kakao Corporation, Bilibili Inc., KRAFTON Inc., NETMARBLE Corporation, KIDARISTUDIO Inc., D&C Media Co.Ltd., Manta Media Inc., Shueisha Inc., Toomics Global Co. Ltd., RIDI Corporation, NHN Comico Corporation, Lezhin Entertainment LLC, Mr. Blue Corporation, Sidewalk Group, TappyToon, Tapas Media, NETCOMICS INC., Webtoon Factory, Foxtoon, Seven Seas Entertainment Inc., Cross Infinite World, Mangatoon HK Limited
Table of Contents
1. Executive Summary
2. Webtoons Market Characteristics
3. Webtoons Market Trends And Strategies
4. Webtoons Market – Macro Economic Scenario
5. Global Webtoons Market Size and Growth
….
32. Global Webtoons Market Competitive Benchmarking
33. Global Webtoons Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Webtoons Market
35. Webtoons Market Future Outlook and Potential Analysis
36. Appendix
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