Webcomics Market Size, Share, Growth, Trends, Forecast, 2032
The global webcomics market size was valued at USD 7.13 billion in 2023. The market is projected to be worth USD 7.63 billion in 2024 and reach USD 13.04 billion by 2032, exhibiting a CAGR of 6.92% during the forecast period. Asia Pacific dominated the webcomics market with a market share of 48.53% in 2023.Webcomics, also known as digital or electronic comic books, refer to the comics developed for online publishing on mobile applications or a website. The market expansion can be attributed to the growing government support. The increased demand for webcomics among parents and children is boosted due to the surging initiatives by the government coupled with the growing need by institutions for more digital content for student engagement.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/webcomics-market-105731
๐๐ข๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ:
โถ Marvel Entertainment, LLC (U.S.)
โถ Dark Horse Media, LLC (U.S.)
โถ Image Comics (U.S.)
โถ DC Entertainment (U.S.)
โถ IDW Media Holdings, Inc. (U.S.)
โถ Lion Forge (U.S.)
โถ Shueisha (Japan)
โถ Shogakukan (Japan)
โถ Kadokawa Future Publishing (Japan)
โถ Lezhin Entertainment (South Korea)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Rising Focus of Leading Players on Launching New Action Electronic Comic Books to Spur Segment Growth
By genre, the market is divided into comedy, action, horror, romance, sci-fi, and others. The action segment captured the major webcomics market share in 2022. The growing emphasis of several leading companies on launching new action electronic comic books is driving the segment growth.
Adults Segment Dominated Owing to the High Availability of Digital Comic Books
Based on target audience, the market is bifurcated into kids and adults. The adults segment accounted for a dominant market share in 2022. The adult digital comic books are widely available, helping to ease stress and revisit the long-lasting imagination. This factor is bolstering the adults segment growth.
Subscription-based Model to Dominate Due to Convenience in Accessibility
Based on revenue model, the market is bifurcated into ad-based and subscription-based. The subscription-based segment is anticipated to dominate throughout the forecast period. In this model users make monthly payments and can conveniently access e-comic books which impels the segment growth.
From the regional perspective, the market is divided into Europe, Asia Pacific, North America, the Middle East & Africa, and South America.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/webcomics-market-105731
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report provides detailed insights into the major driving and restraining factors affecting the market growth. It further provides a comprehensive coverage of the strategic measures implemented by leading companies to capture the largest market share. Moreover, detailed analysis of the latest trends and the COVID-19 pandemic impact has been mentioned in the report.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
Surging Adaptation of Digital Comic Books into Series, Movies, and Games to Escalate Market Growth
One of the major factors propelling the webcomics market growth is an increase in the adaptation of digital comic books into games, series, and movies. Partnerships with animation studios are being emphasized by many companies to bolster the product demand. Through partnerships, companies can deploy the popular characters and develop new exciting plots, boosting fan curiosity and positively impacting the market trends.
However, the growing availability of alternative products may hamper market growth.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Asia Pacific Dominated Due to Surging Internet Penetration
Asia Pacific webcomics market held the largest share in 2022 on account of the growing internet penetration and population. The regional market was valued at USD 3 billion in 2022.
Europe webcomics market is poised to expand significantly during the forecast period due to the growing disposable income.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Companies Focus on Partnerships to Enhance their Position
In the intensely competitive scenario, prominent market players deploy different strategic initiatives such as partnerships and product launches. Many participants are also prioritizing other strategies, such as mergers and acquisitions and joint ventures, to outshine the competition.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ: https://www.fortunebusinessinsights.com/webcomics-market-105731
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
January 2023 - Aethon Books, a comic book publisher, announced a partnership with WEBTOON, a digital comic platform, for the adaptation of two popular titles, The Primal Hunter and RE: Trailer Trash, from its portfolio into serialized webcomic WEBTOON Originals.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
https://www.fortunebusinessinsights.com/comic-book-market-103903
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