🔈Market size

Market Size | Huge Potential in Short Drama and Intellectual Property Markets

1️⃣ Global Short Drama Market The market size is projected to exceed $50 billion in 2024, with an annual growth rate of 35%. It's the fastest-growing content format in the mobile consumption era, boasting a massive user base on mainstream platforms like Douyin and Kuaishou.

2️⃣ Global Intellectual Property Market The total market size has reached $3 trillion. Brokerage fees account for as much as 30%, severely squeezing creators' income. Traditional copyright payment cycles last up to 6 months, resulting in slow cash flow.

3️⃣ Huge Transformation Opportunities The $50 billion short drama market and $3 trillion intellectual property market are limited by traditional distribution and trust models. Squeezed creator income, delayed payments, and fragmented copyrights have created a market gap worth billions of dollars that urgently needs to be addressed.