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Global Web Novel Market to Reach USD 13,510 Million by 2030, Driven by Mobile Adoption and Innovative Monetization Models | Valuates Reports

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BANGALORE, India, March 10, 2025 /PRNewswire/ — Web Novel Market is Segmented by Type (Subscription Based, Advertisement Based), by Application (Mobile Terminal, PC Terminal)

The Global Web Novel Market was valued at USD 10500 Million in 2023 and is anticipated to reach USD 13510 Million by 2030, witnessing a CAGR of 3.8% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Web Novel Market:

Web novel market is undergoing transformative growth driven by innovative monetization models, widespread mobile adoption, and evolving reader engagement. Platforms continue to diversify content and enhance interactive features to cater to a global audience. This digital ecosystem not only provides authors with new revenue streams but also creates dynamic communities that foster creative expression and social interaction. The increasing popularity of web novels is encouraging continuous investment in platform technology and marketing strategies, thereby ensuring sustainable market expansion. As digital content consumption trends evolve, the web novel market is set to redefine literary consumption and establish itself as a dominant force in the broader digital publishing landscape. Overall market momentum continues to drive innovative growth and success.

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TRENDS INFLUENCING THE GROWTH OF THE WEB NOVEL MARKET:

Subscription-based models are fundamentally driving the growth of the web novel market by providing a steady revenue stream and encouraging reader engagement. This approach offers consumers unlimited access to a vast library of content for a fixed fee, fostering a loyal subscriber base. Authors benefit from predictable income and increased exposure, enabling them to invest more in their creative work. Additionally, subscription models allow platforms to gather valuable user data, which can be used to tailor content recommendations and optimize marketing strategies. As the digital reading experience evolves, subscription services continue to reshape the web novel landscape, creating opportunities for sustained market expansion and innovative content delivery. This model significantly enhances monetization potential while fostering community engagement among avid readers.

Advertisement-based strategies are a major catalyst for growth in the web novel market by monetizing reader interactions through targeted ads and sponsorships. This model enables platforms to offer free or reduced-cost access to a wide range of content, thereby attracting larger audiences. The integration of contextual advertising not only provides a revenue boost but also supports the development of personalized reading experiences. Advertisers benefit from the ability to reach niche audiences with specific interests, while authors gain additional exposure through branded content opportunities. As a result, advertisement-based monetization creates a balanced ecosystem where user engagement and revenue generation coexist, driving both platform sustainability and market expansion. This approach is increasingly recognized as essential for sustainable growth and innovative revenue streams.

Mobile terminals are dramatically influencing the web novel market by providing easy access to digital content on portable devices. The widespread adoption of smartphones and tablets has transformed reading habits, making web novels more accessible to a broader audience. Mobile platforms offer user-friendly interfaces and seamless navigation, which enhance the overall reading experience. These devices also support real-time content updates and social sharing features, fostering interactive communities among readers and authors. As mobile internet connectivity improves, the convenience of accessing web novels anywhere and anytime continues to drive market expansion. This shift towards mobile consumption is accelerating growth and encouraging innovative digital content distribution strategies. Mobile terminal innovation is reshaping content engagement patterns and ensuring competitive advantage for digital publishers.

A wide variety of genres and narrative styles is significantly boosting the web novel market. Platforms are expanding their libraries to include everything from fantasy and romance to thriller and sci-fi, appealing to diverse reader preferences. This diversification attracts a broader audience and encourages authors to experiment with unique storytelling techniques. As a result, readers have access to innovative content that constantly evolves, keeping them engaged and invested in new series. The emphasis on varied content not only enhances user satisfaction but also drives competition among platforms, leading to higher quality offerings. Such diversification is a vital factor in sustaining market growth and fostering a vibrant literary community online. This strategic diversity underpins continuous market expansion and innovation.

Enhanced interactive features and social connectivity are playing a crucial role in propelling the web novel market forward. Platforms integrate discussion forums, reader reviews, and live chats to create immersive communities where fans can share insights and recommendations. This digital engagement not only fosters a sense of belonging among users but also encourages sustained reading habits. By leveraging social media integration and real-time feedback, web novel platforms are able to refine content offerings and create personalized experiences. The interactive environment drives continuous user involvement and motivates authors to produce more compelling narratives. Ultimately, robust digital engagement contributes to increased platform loyalty and overall market expansion in the competitive digital content landscape. This engagement strategy accelerates growth and innovation.

Innovative revenue models, including premium subscriptions and ad-based services, are essential drivers of the web novel market’s expansion. These strategies allow platforms to balance free content with monetized offerings, ensuring a sustainable revenue flow while enhancing user experience. Authors benefit from diversified income streams, which in turn incentivizes the production of quality content. This monetization framework not only supports platform viability but also encourages continuous improvement and content innovation. As market competition intensifies, platforms are refining monetization tactics to attract more readers and secure long-term profitability. The evolution of these strategies is closely linked to digital consumer behavior, making them a critical factor in the overall market trajectory. These monetization methods drive continuous innovation and market leadership globally.

The active participation of readers in content creation and feedback is significantly influencing the web novel market. User reviews, ratings, and interactive discussions help shape content direction and improve narrative quality. This user-driven approach empowers authors to adjust storylines based on audience preferences, thereby increasing engagement and satisfaction. Platforms are leveraging this interactive model to foster a collaborative community that continuously contributes to content improvement and innovation. Such dynamic user involvement not only enhances the overall reading experience but also builds a loyal fan base that supports recurring revenue through subscriptions and ad interactions. This participatory ecosystem is a key element driving market growth and redefining the future of digital storytelling. User involvement ensures market dynamism and sustainability.

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WEB NOVEL MARKET SHARE:

North America and Europe exhibit strong market maturity with established reader bases and premium subscription models.

In contrast, the Asia-Pacific region is rapidly expanding due to high mobile penetration and increased digital content consumption.

Key Companies:

WattpadTapasDreameWebnovelJinjiang WenxuechengFanqie NovelQimao NovelRadish FictionCOL GROUPGoodNovel (New Reading)Dianzhong Technology (Webfic)AnyStoriesJoyreadHinovelKakaoNaver NovelBueNovelaChangdu (MoboReader)IReader TechnologyMegaNovel

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–          Internet Novel Market

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–          The global Webcomics market was valued at USD 4093 Million in 2023 and is anticipated to reach USD 5484 Million by 2030, witnessing a CAGR of 5.6% during the forecast period 2024-2030.

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–          The global market for Visual Novel was estimated to be worth USD 139 Million in 2023 and is forecast to a readjusted size of USD 249.4 Million by 2030 with a CAGR of 8.6% during the forecast period 2024-2030.

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–          The global Print-based Comic Books market was valued at USD 5700 Million in 2023 and is anticipated to reach USD 5735.3 Million by 2030, witnessing a CAGR of 0.2% during the forecast period 2024-2030.

–          The global Comic Book Market revenue was USD 12870 Million in 2022 and is forecast to a readjusted size of USD 19920 Million by 2029 with a CAGR of 6.2% during the review period (2023-2029).

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Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

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Technology

BinBase Expands 2026 BIN Dataset with Instant Payout Intelligence for iGaming, Gambling, and Cross-Border Transfers

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29 minutes ago

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July 24, 2026

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BinBase updates its 2026 dataset with specialized Fast Funds, Visa Direct, and Mastercard MoneySend indicators to help iGaming operators and payout platforms execute seamless, instant card disbursements.

MIAMI, July 23, 2026 /PRNewswire-PRWeb/ — BinBase, a global provider of payment routing intelligence and card issuing data, has introduced specialized instant payout indicators as part of its upgraded 2026 BIN Database. Tailored for iGaming operators, online gambling platforms, crypto-to-fiat ramps, and payout aggregators, the updated dataset helps platform engineers streamline real-time card disbursements and Push-to-Card (P2C) transactions.

In high-velocity sectors such as online betting and gaming, instantaneous player payouts are a primary driver of customer retention. However, executing Push-to-Card transactions through protocols like Visa Direct and Mastercard MoneySend requires knowing whether the receiving card issuer supports Fast Funds for specific merchant category codes (MCCs). Attempting instant payouts on non-eligible cards leads to declined transactions, elevated processing fees, and poor user experiences.

The 2026 BinBase release solves this operational bottleneck by delivering dedicated attributes for real-time fund disbursements:

Fast Funds Eligibility: Granular indicators identifying domestic and cross-border Fast Funds support across global Visa and Mastercard ranges.Online Gambling Fast Funds (OG FF): Dedicated flags specifically identifying card ranges authorized to receive real-time gambling and betting payouts.Mastercard MoneySend & Visa Direct Indicators: Precise protocol compatibility markers (MS Ind & MT Ind) ensuring push transactions are routed only to eligible recipient cards.Direct Debit & Pull-Funds Support: Indicators for recurring collections and account-funding transactions.

“Player payouts in iGaming cannot wait for standard 2-to-3-day ACH settlements,” said a spokesperson for Damiko Inc. “By embedding our Fast Funds and Gambling FF flags into their payment engines, operators can instantly validate recipient cards before initiating a transfer, guaranteeing high success rates and instant liquidity for their users.”

Fintech engineers and payout architects can examine the full 29-field database schema and access a free 2026 sample dataset on GitHub.

To explore commercial licensing, bulk database downloads, or custom data feeds, visit BinBase at https://binbase.com.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate processing fees.

Media Contact
Fedor Lavrikoff, BinBase, 1 7866133334, sales@binbase.com, www.binbase.com 

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Walnut Coding’s Young Coders Serve as ‘Instructors’ at Huawei Cloud Developer Training Camp

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29 minutes ago

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July 24, 2026

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Ages 8 and 15, students showcase AI-era project-building skills from concept to working application

BEIJING, July 23, 2026 /PRNewswire/ — Walnut Coding (the “Company”), a leading online platform for youth coding education, said two of its students – ages 8 and 15 – have joined the “instructor” lineup at Huawei Cloud Developer Training Camp, making them among the youngest “instructors” in the program’s history. The Company cites the pair as a prime example of how young learners can combine coding fundamentals with AI tools to turn ideas into working applications.

The two students, Bolin Du, 8, and Peiqi Gao, 15, built working applications using Huawei Cloud CodeArts, an AI coding assistant, then presented the projects to the training camp themselves – walking the audience through their design choices, technical builds, and debugging process.

The move lands at a moment when AI coding tools are forcing a rethink across the education sector. Tools that can generate functioning code from a plain-language prompt have undercut the traditional argument for teaching children to program – that they need the skill to build things themselves. Walnut Coding’s answer is that the more valuable skill now is judgment – knowing what problem to solve, breaking it into parts, and determining whether an AI’s output actually works.

Gao built a travel-planning application that generates routes, itineraries, and recommendations based on user input, handling the project end to end, from requirements and design through coding and debugging. Du, the younger of the two, built an interactive calendar application, using HTML for page structure, CSS for visual design, and JavaScript for interactive features. Both students then took on an instructor’s role at the camp, presenting their project goals and technical implementation to the audience – a step Walnut Coding says separated the work from a typical classroom assignment.

These were not classroom exercises but working projects, built and presented inside a professional developer-training environment. The experience demanded more from both students than simply producing something functional – they needed to articulate their reasoning, defend technical choices, and refine the final result under scrutiny. Their participation signals a broader shift underway in what youth coding education can deliver.

AI is making code generation easier, but it is also redrawing which skills actually matter. A student who relies only on one-click generation may get a rough prototype quickly, but still struggle to spot logical flaws, judge whether the output is reliable, or turn an abstract idea into a product that actually works. Students with programming foundations, by contrast, are better positioned to define requirements, evaluate what the AI produces, correct its errors, and treat the technology as a tool rather than a shortcut to lean on.

“AI can help children generate code faster, but it cannot decide for them what problem they should solve, nor can it make the final judgment about whether the result is truly effective,” said Pengxuan Zeng, founder and CEO of Walnut Coding. “What these two students demonstrated is not just coding technique, but the ability to define needs, break down tasks, verify outcomes, and turn an idea into a working product. That is why we believe young people still need to learn programming in the AI era.”

Walnut Coding structures its courses around that thesis, pairing student-led project work with teaching-assistant guidance and AI-assisted support. According to the Company, this data is continuously fed back into its systems to refine the personalization of AI-assisted feedback — a closed-loop process linking teaching, practice, feedback, and curriculum development.

The Company frames the payoffs less around producing professional software engineers than around a broader form of literacy. As AI continues to reshape how tasks get done, the ability to understand the technology, structure problems clearly and collaborate effectively with intelligent tools may prove one of the most durable skills a young learner can develop.

Walnut Coding says it plans to keep expanding opportunities for students to build practical projects, partner with industry technology platforms such as Huawei Cloud, and develop the core capabilities needed to build with technology in the AI era.

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MOREH Showcases High-Performance LLM Inference on AMD GPUs at AMD Advancing AI 2026

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July 24, 2026

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SAN FRANCISCO, July 23, 2026 /PRNewswire/ — Moreh, an AI infrastructure software company, led by CEO Gangwon Jo, participated in AMD Advancing AI 2026, AMD’s flagship annual AI event held in San Francisco on July 22–23 (local time), where it demonstrated its distributed inference solution, the MoAI Inference Framework, running on AMD GPUs.

At the event, Moreh presented a live demonstration of the GLM-5.1 large language model (LLM) powered by the MoAI Inference Framework on a system equipped with 32 AMD Instinct™ MI300X GPUs across four nodes. Visitors experienced the chatbot firsthand, evaluating its response speed and service quality while observing performance across a range of real-world use cases.

Unlike conventional demonstrations that simply run an AI model, Moreh’s showcase displayed key inference service metrics in real time, including GPU utilization, Tokens Per Second (TPS), Time To First Token (TTFT), and Time Per Output Token (TPOT). This enabled attendees to directly verify both inference performance and GPU resource efficiency in a production-like service environment.

Global AI industry leaders and enterprise customers attending the event expressed strong interest in the system’s fast response times and stable performance. In particular, the live deployment of the computationally demanding GLM-5.1 model on AMD GPUs at production-grade service levels received positive feedback from visitors.

Moreh’s MoAI Inference Framework is widely recognized as the world’s first commercially deployed distributed inference solution built for the AMD ecosystem. Its distributed inference and heterogeneous computing technologies are designed to dramatically reduce AI service costs, enabling broader adoption of AI worldwide. The technology addresses one of the industry’s biggest challenges-the rapidly rising infrastructure and service costs caused by increasingly larger AI models-by delivering a more efficient inference infrastructure.

Moreh CEO Gangwon Jo stated, “This event provided an opportunity for global customers to verify firsthand that top-tier inference performance can be achieved on AMD GPU environments,” and added “We will continue advancing our AI infrastructure software so enterprises can operate AI services as efficiently as possible, regardless of the underlying GPU platform.”

Moreh develops its own AI infrastructure engine and has expanded its end-to-end AI capabilities through its foundation LLM subsidiary, Motif Technologies, covering both AI infrastructure and foundation models. The company is also strengthening its presence in the global AI market through strategic partnerships with leading technology companies, including AMD and Tenstorrent.

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