How big is the Webtoons Market?

The Webtoons Market size is expected to reach USD 7.39 billion in 2024 and grow at a CAGR of 35.27% to reach USD 33.45 billion by 2029. Read More

What is the current Webtoons Market size?

In 2024, the Webtoons Market size is expected to reach USD 7.39 billion. Read More

Who are the key players in Webtoons Market?

Marvel Unlimited, SideWalk Group, Naver webtoon corp, Kakao Corp. and Lezhin Entertainment, LLC are the major companies operating in the Webtoons Market. Read More

Which is the fastest growing region in Webtoons Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Webtoons Market?

In 2024, the Asia Pacific accounts for the largest market share in Webtoons Market. Read More

What years does this Webtoons Market cover, and what was the market size in 2023?

In 2023, the Webtoons Market size was estimated at USD 4.78 billion. The report covers the Webtoons Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Webtoons Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Webtoons Market Size & Share Analysis - Industry Research Report

Webtoons Market Size & Share Analysis - Growth Trends & Forecasts (2024-2029)

The Webtoons Market is Segmented by Type (Comedy, Action, Sci-Fic, Horror, Romance, Other Types), Revenue Model (Subscription and Advertisement), Application (Mobile, Laptop, Tablets, and Television) and Geography (North America( the United States and Canada), Europe (Germany, France, United Kingdom, Italy and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea and Rest of Asia-Pacific), Latin America (Brazil, Argentina, Mexico and Rest of Latin America), and the Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa and Rest of the Middle East and Africa)). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Webtoons Industry Overview

The webtoon market is fragmented and highly competitive, owing to the presence of many players in the market operating in the domestic as well as the international market. Various strategies are being adopted by the major players in the market, such as product innovation and mergers and acquisitions. Some of the major players in the market are Marvel Unlimited, SideWalk Group, Naver Webtoon Corp, Kakao Corp., and Lezhin Entertainment, LLC, among others.

In July 2023, Over ten new original cartoon series will released by Manta, one of the subscription-based digital comics platforms, by the third quarter of 2023.

In January 2023, The webcomic distributor, which has a close relationship with Wattpad, a hub for web fiction, expanded its catalog with a variety of original works. The list contains tales that were popular on Wattpad and are currently being turned into webcomics.