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Webtoons Market by Types (Comedy, Action, Sci-Fic, Horror, Romance, Others), by Revenue Model (Subscription Based, Adds bases), by Application (Mobile, Laptop, Tablets, Television): Global Opportunity Analysis and Industry Forecast, 2022-2030

Webtoons Market by Types (Comedy, Action, Sci-Fic, Horror, Romance, Others),...

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Webtoons Market by Types (Comedy, Action, Sci-Fic, Horror, Romance, Others), by Revenue Model (Subscription Based, Adds bases), by Application (Mobile, Laptop, Tablets, Television): Global Opportunity Analysis and Industry Forecast, 2022-2030
Webtoons Market by Types (Comedy,...
Report Code
RO14/128/2930

Publish Date
15/Feb/2023

Pages
200
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The global webtoons market size was US$ 3.7 billion in 2021. The global webtoons market size is estimated to reach US$ 62.0 billion by 2030, growing at a compound annual growth rate (CAGR) of 36.8% during the forecast period from 2022 to 2030.
Webtoons are a variety of digital comics that developed in South Korea commonly told to read on mobile phones. It generally has a few common features such as per episode is published on one extended, vertical strip making use of an unlimited canvas instead than numerous pages so that it is more comfortable to read on the computer or a smartphone some feature animations and music that play during every chapter and unlike the prevalence of East Asian comics, they are generally in color rather of black-and-white as they are printed digitally on an app or website than physically in a journal or magazine.

Factors Influencing Market Growth

The rising popularity of webtoons is due to the fantasy world produced by professionals where individuals from every generation can appreciate different genres of webtoons like romance, comedy, thrillers, fantasy, and others. All these elements are expected to drive the overall market growth.
Different artists featured in webtoons schedules are inexpert, which may decrease the quality and class of the story of the webtoon to dissatisfy readers which restricts the overall market growth.
The diverse genres of webtoons like action, comedy, romance, sci-fi, and the shift from comics to webtoons manufacturing is a factor anticipated to propel the overall market growth.

Study of the COVID-19 Pandemic

The COVID-19 outbreak had a positive impact on the overall market growth. Due to economic elements such as income distribution, inflation, demographics, employment rate, GDP growth, and others. During COVID-19, individuals with increased expendable income manage to spend more money and time on entertainment. Even in growing nations, individuals are price sensitive and still pick to spend time on entertainment.

Regional Insights

Europe is expected to record the highest CAGR from 2022 to 2030. This is attributed to the most widespread digital comic medium, featuring versions in Spanish, French, and German. Webtoons are anticipated to build a new European business, cementing its status as the leading player in the regional market and be a huge digital comic platform around the globe.

Leading Competitors
The prominent players in the global webtoons market are:
IZNEO WEBTOON
DAUM WEBTOON AND COMPANY
BOMTOON
TAPPYTOON,
Lezhin Entertainment
Marvel Unlimited
Sidewalk Group
Kakao Corp
Nhn Comico Corp
Naver Webtoon Corp
Others
Segmentation Analysis
The global webtoons market segmentation focuses on Type, Revenue Model, Application, and Region.
Segmentation on the basis of Type
Horror
Romance
Comedy
Action
Sci-Fic
Others

Segmentation on the basis of the Revenue Model
Adds bases
Subscription Based

Segmentation on the basis of Application
Tablets
Television
Mobile
Laptop

Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

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