Webtoons Market to Grow with a CAGR of 26.8% through 2030
The
global webtoons market is booming due to mobile-first consumption, cross-media
adaptations, and creator-friendly platforms. Rising smartphone penetration,
multimedia IP expansion, and innovative monetization models are driving rapid
industry growth across diverse demographics worldwide.
According to
TechSci Research report, “Webtoons Market - Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, Global webtoons market was valued at USD 10.87 Billion in 2024 and is expected to reach USD 45.17 Billion by 2030 with a CAGR of 26.8%. The global webtoons market is
experiencing transformative growth driven by evolving digital consumption
patterns and innovative content delivery models. A key catalyst is the shift
toward creator-centric platforms that empower independent artists through
monetization tools and direct fan engagement, lowering barriers to entry and
fostering diverse storytelling. The integration of vertical-scrolling
technology with advanced mobile interfaces has created a seamless reading
experience that appeals to digitally-native audiences worldwide.
Simultaneously, the market benefits from the convergence of webtoons with other
entertainment mediums, as platforms increasingly serve as IP incubators for
television dramas, animations, and gaming content. This multimedia synergy not
only expands revenue streams but also elevates the cultural significance of
webtoons beyond niche comic formats. However, the industry faces structural
challenges including platform fragmentation, where readers must navigate
multiple apps with different payment systems, creating subscription fatigue.
Content moderation presents another hurdle as platforms struggle to balance
creative freedom with the need to filter inappropriate material across diverse
global markets.
Additionally, the reliance on ad-supported models in developing
economies creates monetization imbalances, where creators in these regions
often earn significantly less than their counterparts in mature markets. The
industry is responding through technological solutions like blockchain-based
content verification and regional pricing strategies, while platforms are
experimenting with hybrid monetization approaches to create more sustainable
ecosystems. These dynamics position the webtoons market at an inflection point,
where its ability to harmonize global scalability with local relevance will
determine its trajectory as eit her a mainstream entertainment pillar or a
segmented digital niche.
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"Global Webtoons Market.”
The Webtoons Market
is segmented into type, platform, demographics and region.
Based
on platforms, Webtoons are consumed across mobile devices, laptops/desktops,
televisions, and others, with mobile being the leading platform. Over 90% of
webtoon readers use smartphones or tablets, as the vertical-scrolling format is
optimized for touchscreens and on-the-go reading. Apps like NAVER WEBTOON and
Tapas prioritize mobile-first designs, offering offline reading and push
notifications to boost engagement. However, laptops/desktops are the
fastest-growing segment, particularly for long-form or binge-reading sessions,
as larger screens enhance artwork appreciation. Some platforms are also
experimenting with TV adaptations, converting webtoons into animated shorts or
interactive series for smart TVs, leveraging the rise of connected TV platforms
like Samsung TV Plus and Roku. Emerging platforms include AR/VR devices, where
experimental webtoons offer 360-degree immersive experiences, though this
remains a nascent trend.
Based
on region, North America is the fastest-growing market for webtoons, driven by
the explosive popularity of translated Korean webtoons and the rise of local
platforms like Webtoon (NAVER’s global arm) and Tapas. The U.S. and Canada have
seen a surge in demand for diverse genres, including romance, fantasy, and
LGBTQ+ stories, catering to a multicultural audience. The region’s growth is
fueled by strategic partnerships with streaming services (Netflix, Crunchyroll)
for adaptations, as well as aggressive marketing campaigns on social media.
Unlike APAC, where mobile consumption dominates, North American audiences also
engage heavily via desktops and tablets, reflecting broader digital content
habits. The influx of independent Western creators onto global platforms is
further diversifying content, making North America a hub for innovation in the
webtoon space.
Major companies
operating in the global webtoons market are:
- KidariStudio Inc.
- Kakao Entertainment Corp.
- Izeno Co., Ltd.
- Lezhin Entertainment, Inc.
- Marvel Entertainment, LLC
- NAVER WEBTOON Ltd.
- Netcomics, Inc.
- NHN Comico Corporation
- RIDI Corporation
- Sidewalk Group, Inc.
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“A key
trend in the webtoons market is
ad revenue remain core
monetization methods, platforms and creators are exploring alternative revenue
streams to enhance profitability. NFT-based collectibles tied to popular
webtoons have gained traction, allowing fans to purchase exclusive digital art
or character skins. Some platforms are integrating microtransactions for bonus
episodes or early access, mimicking mobile gaming monetization tactics.
Meanwhile, crowdfunding platforms like Patreon and Kickstarter are becoming
vital for independent creators to fund projects directly from fans. Another
emerging trend is branded webtoons, where companies sponsor original series as
a form of native advertising—similar to product placements in TV shows.
Additionally, merchandising (apparel, figurines) and offline events (fan meets,
exhibitions) are growing revenue channels, particularly for hit series. As the
market matures, hybrid monetization models will likely become the norm,
reducing reliance on any single income source and creating a more sustainable
ecosystem for creators”, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
"Webtoons Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Comedy, Action, Romance, Horror, Sci-Fi, Others), By Platform (Mobile & Tablets, Laptop & Computer, Television, Others), By Demographics (Below 18 Years, 18 to 25 Years, 25 to 35 Years, Above 35 Years), By Region & Competition, 2020-2030F”,
has evaluated the future growth potential of global webtoons market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global webtoons market.
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