• About
  • Advertise
  • Contact
Wednesday, September 10, 2025
  • Login
No Result
View All Result
NEWSLETTER
The NY Journals
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
No Result
View All Result
The NY Journals
No Result
View All Result
Home Business

India’s Creator Economy To Drive Over $1 Trillion In Consumer Spending By 2030: Report

by Sarkiya Ranen
in Business
India’s Creator Economy To Drive Over  Trillion In Consumer Spending By 2030: Report
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter




New Delhi:

India’s rapidly growing creator landscape is poised to drive over USD 1 trillion annually by 2030, which currently influences an estimated USD 350 billion in consumer expenditure each year, according to a new report by the Boston Consulting Group (BCG) titled “From Content to Commerce: Mapping India’s Creator Economy.”

The report by BCG is set to be officially unveiled at the ongoing WAVES 2025 mega-event in Mumbai on May 3rd,2025.

India boasts a substantial base of 2 to 2.5 million active digital creators, defined as individuals with over 1,000 followers. Despite this impressive scale, the report points out that only a small fraction, between 8 per cent and 10 per cent, of these creators are currently monetising their content effectively, the Ministry of Information & Broadcasting said.

The direct revenues generated by the creator ecosystem are estimated at USD 20-25 billion and are anticipated to surge to USD 100-125 billion by the end of the decade.

The upcoming BCG report also reveals several important trends and key insights, such as the fact that creators are already shaping over 30 per cent of consumer decisions, translating to USD 350-400 billion in current spending.

The report noted that the creator ecosystem is no longer limited to Gen Z and major metropolitan areas, increasingly engaging diverse age groups and consumers in smaller cities and towns.

Short-form video remains the most popular content format, with comedy, films, daily soaps, and fashion emerging as the most consumed genres. At the same time, India’s creator economy sees diversifying revenue, prompting a 1.5 to 3 times increase in the coming years, signalling a fundamental shift in marketing and commerce strategies driven by the digital creator ecosystem.

WAVES 2025 is India’s first-of-its-kind international summit dedicated to the audio-visual and entertainment sectors. It brings together over 10,000 delegates, 1,000 creators, 300 companies, and 350 startups, creating a powerful cross-sectoral network.

From film and OTT to AVGC-XR, comics, AI, and broadcasting, the event encompasses the entire spectrum of media and emerging technologies. The four-day event, which began on May 1, will run from May 1 to May 4.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)




Source link

Tags: BCG ReportConsumerCreatorcreator economyDigital creator IndiaDriveEconomyIndiaIndia creator economy 2030Indian influencerIndian influencer market sizeIndiasReportSpendingTrillionWaves 2025 Mumbai SummitWAVES Summitwaves summit 2025
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Next Post
Mikel Arteta confirms unexpected Arsenal injury boost before Bournemouth and PSG

Mikel Arteta confirms unexpected Arsenal injury boost before Bournemouth and PSG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Chris Martin Makes First Public Appearance Since Dakota Johnson Breakup

Chris Martin Makes First Public Appearance Since Dakota Johnson Breakup

3 months ago
Pep Guardiola response to Kevin de Bruyne speak volumes after thunderous cheers

Pep Guardiola response to Kevin de Bruyne speak volumes after thunderous cheers

5 months ago

Popular News

    Connect with us

    The NY Journals pride themselves on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

    Transcending the bounds of New York City to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

    NEWS

    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Real Estate
    Instagram Youtube

    © 2025 The New York Journals. All Rights Reserved.

    • About Us
    • Advertise
    • Contact Us
    No Result
    View All Result
    • Home
    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Trending

    Copyright © 2023 The Nyjournals

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In