Webtoons Market Forecast: What You Need To Know?
Pune, Maharashtra -- (SBWIRE) -- 05/30/2023 -- HTF Market Intelligence published a new research publication on Webtoons Market Insights, to 2028" with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Webtoons market was mainly driven by the increasing R&D spending across the world, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are Naver Corporation , Lezhin Entertainment, Piccoma, Tappytoon, ToryComics, Toomics Global, Ridibooks (RIDI Corp), Bomtoon (kidariSTUDIO), Tapas, Webtoon Factory, Izneo Webtoon, Stela, Webcomics, SPOTTOON (Rolling Story)
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According to HTF Market Intelligence, the Global Webtoons market to witness a CAGR of 34.21% during forecast period of 2023-2028. The market is segmented by Global Webtoons Market Breakdown by Type (Romance, Comedy, Action, Sci-Fi, Horror, Others) by End-User (Upto 18 Years, 19-29 Years, 30-39 Years, 40-49 Years, Above 49 Years) by Revenue Model (Subscription Based, Advertisement Based) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Webtoons market size is estimated to increase by USD 3894.31 Million at a CAGR of 34.21% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 803.75 Million.
Definition:
Webtoons are digital comics that are published online and are optimized for mobile devices. These comics are typically published in long, vertical strips that are easy to read on a smartphone or tablet. Webtoons are becoming increasingly popular among readers around the world, as they offer an interactive and engaging way to consume comics.
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Webtoons Market: Romance, Comedy, Action, Sci-Fi, Horror, Others
Key Applications/end-users of Webtoons Market: Subscription Based, Advertisement Based
Market Trends:
Increasing popularity of digital comics: The rise of mobile devices and digital content has led to an increase in popularity of webtoons, which can be easily accessed and consumed on mobile devices.
Market Drivers:
Globalization of webtoons: The popularity of webtoons is no longer limited to their country of origin. Many webtoons are now being translated and published in other languages, making them accessible to a wider audience.
Market Opportunities:
Integration with other media: Webtoons are increasingly being adapted into other forms of media, such as movies, TV shows, and video games, providing more opportunities for creators and publishers to monetize their content.
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With this report you will learn:
- Who the leading players are in Webtoons Market?
- What you should look for in a Webtoons
- What trends are driving the Market
- About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 Webtoons vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.
List of players profiled in this report: Naver Corporation , Lezhin Entertainment, Piccoma, Tappytoon, ToryComics, Toomics Global, Ridibooks (RIDI Corp), Bomtoon (kidariSTUDIO), Tapas, Webtoon Factory, Izneo Webtoon, Stela, Webcomics, SPOTTOON (Rolling Story)
Who should get most benefit of this report?
- Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Webtoons
- Marketers and agencies doing their due diligence in selecting a Webtoons for large and enterprise level organizations
- Analysts and vendors looking for current intelligence about this dynamic marketplace.
- Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.
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Quick Snapshot and Extracts from TOC of Latest Edition
Overview of Webtoons Market
Webtoons Size (Sales Volume) Comparison by Type (Romance, Comedy, Action, Sci-Fi, Horror, Others)
Webtoons Size (Consumption) and Market Share Comparison by Application (Subscription Based, Advertisement Based) (2022-2028)
Webtoons Size (Value) Comparison by Region (2023-2028)
Webtoons Sales, Revenue and Growth Rate (2023-2028)
Webtoons Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type (Romance, Comedy, Action, Sci-Fi, Horror, Others)
Analyse competitors, including all important parameters of Webtoons
Webtoons Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
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Actual Numbers & In-Depth Analysis of Global Webtoons Market Size Estimation and Trends Available in Full Version of the Report.
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