Anime Market Booming Globally, Projected to Reach $42 Billion by 2029 on Streaming and Tech Growth
-
Global anime market projected to grow at a 9.43% CAGR from 2022-2029, reaching $42.4 billion by 2029
-
Increasing global demand and streaming collaborations driving market expansion
-
Technological advancements and localization efforts (e.g. Hindi dubs, international licensing deals) to bolster market
-
Asia Pacific, especially Japan & China, are key contributors along with Sci-Fi & Fantasy segment
-
Unique storytelling and expanding demographics increasing anime's appeal; genre and format diversity catering to wider fanbases