The webtoon is one of the representative genres of Korean widespread culture showing Korean digital culture, consumed transnationally with the enlargement of worldwide digital networks. As smartphones became omnipresent in European and North Yankee societies, webtoons quickly unfold as a result of their vertical format being less complicated to scan on sensible devices than ancient book-oriented comics and manga. They use a vertical orientation that encourages scrolling on sensible devices.This growth is primarily driven by Increase in Digital Comic Market and Increase Interest from International Market (Market Outside South Korea).
Globally, a noticeable market trend is evident Development of New Business Model
. Major Players, such as Naver Corporation (South Korea), KidariStudio Inc. (Lezhin Entertainment) (South Korea), Kakao (Piccoma) (South Korea), Lezhin Entertainment (Republic of Korea), Piccoma (Korea), Tappytoon (South Korea), ToryComics (Korea), Toomics Global (South Korea), Toomics Global (South Korea) and Tapas Media (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Aug 2021, WEBTOON Entertainment Inc. announced it has entered into a partnership with DC. Through this collaboration, several upcoming webcomic series is set in the DC Universe. It will be a new age of digital comics in the United States.
- Increase in Digital Comic Market
- Increase Interest from International Market (Market Outside South Korea)
- Development of New Business Model
- Development in New Contents in Terms of Time Spent
Development in New Contents in Terms of Time Spent and Increase in Gaining Traction among Young People
Increase in Gaining Traction among Young People
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Webtoons Study Sheds Light on
The Webtoons Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Webtoons industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Webtoons industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.