Congruence Market Insights is Best Creator Economy Market
Creator Economy Market
Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global
Industry Analysis By Platform Type (Video Streaming, Live Streaming, Blogging
Platform, eCommerce Platform, Podcasting Platform, Others), By Creative Service
(Arts & Crafts, Digital Content, Written Content, Video Production,
Photography, Music Production, Others), By Revenue Channel (Advertising,
Subscriptions, Tips/Donations, Affiliate Marketing, Selling
Products/Merchandise, Brand Partnerships, Others), By End User (Armature
Creator, Professional Creator) and By Geography (North America, Europe, Asia
Pacific, South America, and Middle East & Africa)
The Global Creator Economy Market was
valued at USD 103.8 Billion in 2022 and is anticipated to
reach a value of USD 485.3 Billion by 2030 expanding at
a CAGR of 21.3% between 2023 and 2030.
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The expanding trend of
content creators, curators, and community builders generating income from their
online works is referred to as the "creator economy." It can involve
anything from blogging to social media influencer marketing, producing and
selling online courses, and making YouTube videos and podcasts.
Creator
Economy Market Major Driving Forces
Growth
of Creator-Centric Platforms: One of the main forces behind the creator economy is the quick
development of platforms and tools made expressly to support independent
creators. Sites including YouTube, Instagram, TikTok, Twitch, and others have
made it possible for anybody to create and share content while growing an
audience during the past 10 years. Through features such as subscription
services, ad income shares, and other methods, these sites offer direct
monetization channels.
Democratizing
Access: Social media sites
such as YouTube, TikTok, Instagram, and others have opened up the growing
business and entertainment scene to people of various ages, socioeconomic
backgrounds, and educational levels. People can participate and contribute due
to this, regardless of their background.
Market
Competition Landscape
·
YouTube (Google)
·
Instagram (Facebook)
·
TikTok (ByteDance)
·
Patreon
·
Substack
·
OnlyFans
·
Twitch (Amazon)
·
Rarible
·
OpenSea
·
Snapchat
·
Discord
·
Medium
·
Kajabi
·
Teachable
·
Spotify
·
LinkedIn (Microsoft)
YouTube, which is
owned by Google, continues to be a major player in the creative economy. Along
with features such as channel memberships, advertising revenue, and YouTube
Premium, it provides a platform for content creators to upload, share, and make
money off of their films.
Instagram is a
platform owned by Facebook that is very popular among content providers for
sharing visual content. Influencer marketing has found a critical home on
Instagram because to features including IGTV, Instagram Live, and the
incorporation of purchase possibilities.
Contact Us:
Ms. Shalaka Dubey
Senior Sales Manager
Congruence Market
Insights
Palo Alto, CA 94301,
United States
Phone: +1 650-646-2623
Email:
sales@congruencemarketinsights.com
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