The paid digital video content market amounted to 397.3 billion yen (about US$3.59 billion), a 65.3% increase.
The Japan Video Software Association (JVA) and Digital Entertainment Group Japan (DEG Japan) released on May 11 their report on the video market in Japan from January to December 2020.
The report revealed that the Japanese video market was worth a total of 687.4 billion yen (about US$6.19 billion), a 21.9% increase from 2019.
Japan’s overall video market had been declining until it fell to 480.2 billion yen (about US$4.416 billion) in 2012.
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