World’s Digital Cartoon Market to Hit $1.17 bln in 2020

SEOUL, May 4 (Korea Bizwire) – The global market for digital animation is expected to grow at an average of 10.8 percent annually to US$1.17 billion in 2020, an industry report said Wednesday. According to the annual report by the National IT Industry Promotion Agency (NIPA), the global digital cartoon market came to $814 million in 2016, up 15.7 percent from a year earlier. The findings showed digital cartoons accounted for only 4.1 percent of the entire animation industry in 2011 [...]