Asia and Oceania Creator Economy Market Growth Drivers, Business Strategies and Future Prospects 2023-2030
Asia and Oceania Creator Economy Market The global Asia and Oceania Creator Economy Market is estimated to be valued at US$ 135.20 billion in 2022 and is expected to exhibit a CAGR of 30% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Asia and Oceania creator economy refers to the production of goods and services by individual content creators, artists and entrepreneurs. This includes creators of videos, music, blogs and more who earn income directly from their fans and audience. The creator economy offers a new way for digital content makers to directly monetize their passion and creativity. Market key trends: One of the major trends in the Asia and Oceania creator economy market is the rise of short-form video apps and platforms. Apps like TikTok, Kuaishou and like-shorts on Instagram have seen massive growth over the past few years with hundreds of millions of users in the region. They have emerged...