USD 7.36 billion
Webcomics Market Size, Share, Growth Analysis, By Type(Kids and adults), By Application (Smartphones, laptops, tablets, and others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25G2003 |
Region:
Global |
Published Date: July, 2024
Pages:
157
|Tables:
62
|Figures:
70
Webcomics Market Insights
Webcomics Market size was valued at USD 7.36 billion in 2021 and is poised to grow from USD 7.81 billion in 2022 to USD 12.54 billion by 2030, at a CAGR of 6.10% during the forecast period (2023-2030).
The market includes sales of online comics by entities (organizations, sole traders, and partnerships) which consist of a digital cartoon, comic strip, or graphic-generated content for online publication. This form of content is commonly published by artists on their websites, blogs, and others. The subscription to webcomic can be available at a minimum price, where a reader has to pay monthly subscription fee and gets access to comics consumption by smartphones, laptops, tablets, and others. The growing number of kids and adults with access to smart devices or a computer with an internet connection can develop webcomics. Moreover, the investors are willing to support the market if the comic is engaging.
The webcomics market is a rapidly growing industry that involves creating and distributing comic strips or graphic novels on the internet. With the advent of digital technology and the increasing popularity of online content consumption, webcomics have become a popular medium for storytelling and entertainment. Unlike traditional comics, webcomics are published exclusively online, often on dedicated websites or social media platforms. This has allowed for a wider variety of styles, genres, and themes to emerge, and has made it easier for independent creators to reach a global audience. The market is characterized by its diversity, creativity, and entrepreneurial spirit, and has become an important part of the wider digital media landscape.
US Webcomics Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Adults
Fastest Growth
Kids
Growth Rate
6.10% CAGR
Global Webcomics Market, 2022-2028 ($ Bn)
Country Share for Asia Pacific Region- 2021 (%)
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Webcomics Market Segmental Analysis
Global webcomics market is segmented based on the type, application, and region Based on type, market is segmented into kids and adults. Based on application, the market is segmented into smartphones, laptops, tablets, and others. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Webcomics Market Analysis by Type
Based on type, the market is segmented into kids and adults. The adult segment is the leading one because of several factors, such as rich adults whose born and brought up pushing themselves for fun activities and increasing online activities giving rise to entertainment through various mediums like reading, and others; and online comics are the key source of entertainment for the growing adults. This makes them gather different stories through the comic content especially the romantic and happening content that is very interesting for the adult groups according to their ages.
Kids are the growing segment as comic writers are focussing on the deliverables that children like the most taking from intriguing stories to fascinating graphics that makes the kids engaged to read more & more.
Webcomics Market Analysis by application
Based on application, the online comics segment, including smartphones, laptops, tablets, and others, dominated the market. Smartphone users are growing faster compared to laptops and others. This is not only applicable to the adult group but also to the kids. As kids are using the smartphones of their parents relatively more than laptop or any other gadgets; and online browsing for engaging topics like fun activities are bringing demand for digital comics and more.
Global Webcomics Market By Type, 2021 (%)
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Webcomics Market Regional Insights
Asia Pacific dominated the global market due to the vast audience, primarily the youth population, resulting in rising demand for digital comics over the aforementioned forecast period. The tremendous growth of Japanese anime is boosting the regional growth in webcomics.
North America is also expected to showcase significant growth during the forecast period. Children possessing their smartphones in the region gives rise to online comic readers, which is a good sign for the online-based comics market growth.
Europe is also growing due to the increased number of comics publishers in its various countries. The comics are gaining traction due to the engaging content and further helping to increase the market share.
Global Webcomics Market By Geography, 2022-2028
- Largest
- Fastest
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Webcomics Market Dynamics
Webcomics Market Driver
- Increasing usage of technologies and the increasing internet usage across the globe resulted in increasing readings and webcomics reading. Smartphone users especially increasing their presence on various online activities, benefitted the webcomics market globally as people are mostly reading the digital comics than physical ones.
Webcomics Market Restraint
- Traditional comic book may hamper the webcomics market growth because some people believe in the old tradition and using that form of consuming content than digitally.
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Webcomics Market Competitive Landscape
Global webcomics market is highly competitive and somewhat fragmented. The major industry participants continually implement various growth strategies to maintain a competitive edge. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. To provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
Webcomics Market Top Player's Company Profiles
- Stand Still, Stay Silent
- Brawl in the Family
- Sandra and Woo
- Scandinavia and the World
- Girl Genius
- Kakao
- Toomics Global
- Ridibooks
- Lezhin Entertainment
- XKCD
- Gunnerkrigg Court
- Lackadaisy
Webcomics Market Recent Developments
- In May 2021, Tapas Media was acquired by Kakao Entertainment company for USD 510 million in South Korea. Kakao Entertainment deals in entertainment, mass media and publishing. This tightens the bonding as it expands to the US market through Tapas Media.
- In March 2021, Stand Still, Stay Silent announced of its new comic “Lovely”. It includes three best friends and they are a Christian homemaker, an aspiring social media influencer, and a mother-of-three grade-school teacher.
Webcomics Key Market Trends
- Webcomics composers are concentrating more on producing romantic stories as the romantic form of comics is gaining traction. Both males and females of all ages are interested in this form of comic producing in the market, and lots of views are getting in this. In this modern era, compared to the current dating scene, the work culture, increasing use of smartphones, and others, the webcomics market is growing tremendously.
Webcomics Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global webcomics market analysis, anime content is more engaging, and youths love to consume the content, and this is spreading awareness to read and visualize the images; all of these are driving the growth of webcomics or digital comics in Asia Pacific region. Furthermore, the usage of books and comics skyrocketed the product demand among different ages as schools and colleges were closed for the lockdown because of the pandemic outbreak. Whereas, printed comic books may inhibit the market growth.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 7.36 billion |
| Market size value in 2031 | USD 12.54 billion |
| Growth Rate | 6.10% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Webcomics Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Webcomics Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Webcomics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Webcomics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Webcomics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Webcomics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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