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Vivek Couto Japan city Tver Netflix Entertainment reports Digital Videos Analysis FIVE Vivek Couto Japan city Tver Netflix

Japan Online Video Sector to Surge as Screen Industry Projected to Hit $34 Billion by 2029

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variety.com
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Naman Ramachandran A new industry analysis by consultancy firm Media Partners Asia (MPA) projects substantial growth in Japan‘s digital entertainment landscape.

The report, “The Future of Japan’s Video Industry,” forecasts the online video sector to expand at a 7% compound annual growth rate over the next five years.

Total screen industry revenue, encompassing free TV, pay-TV and theatrical releases, is expected to climb from $31.8 billion in 2024 to $34.1 billion by 2029.

Online video’s share of this pie is set to increase from 35% to 45% during this period, reaching $15.3 billion. YouTube leads the user-generated content space, while Netflix, Prime Video and U-Next dominate the subscription video-on-demand (SVOD) arena.

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