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Sidhant Shelar
Anime Market Business Strategies, Revenue Global Technology, Application, and Growth Rate upto 2031 | Kings Research

As per the report published by Kings Research, the global Anime Market was valued at USD 29.34 billion in 2023. The market is projected to reach USD 56.93 billion by 2031, growing at a CAGR of 8.64% from 2024 to 2031.

Companies Focus on Launching Cutting-Edge Products to Expand Their Market Reach

Kyoto Animation Co., Ltd, Pierrot Co., Ltd, Production I.G, Studio Ghibli, Inc., Sunrise, Inc. (Bandai Namco Filmworks), Crunchyroll (Sony Pictures Entertainment Inc.), Good Smile Company, Inc, TOEI ANIMATION Co., Ltd, Sentai Holdings, LLC (AMC Networks), VIZ Media, LLC

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The anime market is witnessing significant growth due to ongoing technological advancements and innovation, which are shaping the landscape of animated entertainment. One prominent trend driving market expansion is the widespread adoption of Virtual Reality (VR) and Augmented Reality (AR) technologies.

Anime studios are exploring immersive experiences through VR and AR, offering fans new ways to interact with their favorite characters and stories. Additionally, collaborations and cross-media ventures are transforming the anime industry.

Collaborations between anime studios, video game developers, and manga creators are fueling the creation of interconnected storylines and engaging experiences across different platforms.

Furthermore, global collaborations are on the rise, with anime studios partnering with overseas producers and studios to create original content that resonates with global audiences.

These trends showcase the dynamic nature of the anime market, fueled by technological innovation, cross-industry partnerships, and a commitment to delivering captivating and engaging content to fans worldwide.

Key Insights:

Based on type, the merchandising segment accounted for the largest market share of 27.37% in 2023

On the basis of region, North America accounted for the highest market share of 23.00% in 2031

Toei Animation and Strata Co. Partnered to Launch DenDekaDen to Redefine Web 3.0

February 2023: Toei Animation Co., Ltd. announced a collaborative project named DenDekaDen in partnership with Strata Co., Ltd. This initiative aimed to leverage technology to enhance creativity. As part of this project, Toei introduced a fresh lineup of characters designed to propel the evolution of Web 3.0. The project developed from a shared aspiration to establish a new franchise with global appeal.

Growing Popularity of Streaming Platforms to Augment Anime Market Expansion

Collaboration Between Key Players to Present Lucrative Growth Opportunities

North America to Emerge as the Fastest-Growing Region, Exhibiting 9.2% CAGR Between 2024 and 2031

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5 months ago

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