In fiscal year 2019, the advertising revenue earned by the music streaming market across India amounted to approximately ten billion Indian rupees. This was expected to reach up to 20 billion rupees by fiscal year 2024, marking a compounded growth rate of 14 percent.
Music streaming ad revenue across India from FY 2019 to FY 2024
(in billion Indian rupees)
* Forecast.
One Indian rupee is equal to 0.013 euros and 0.014 dollars (as of October 2019).
Note: India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.
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KPMG. (August 19, 2019). Music streaming ad revenue across India from FY 2019 to FY 2024 (in billion Indian rupees) [Graph]. In Statista. Retrieved March 28, 2020, from https://www.statista.com/statistics/1059778/music-streaming-ad-revenue-india/
KPMG. "Music streaming ad revenue across India from FY 2019 to FY 2024 (in billion Indian rupees)." Chart. August 19, 2019. Statista. Accessed March 28, 2020. https://www.statista.com/statistics/1059778/music-streaming-ad-revenue-india/
KPMG. (2019). Music streaming ad revenue across India from FY 2019 to FY 2024 (in billion Indian rupees). Statista. Statista Inc.. Accessed: March 28, 2020. https://www.statista.com/statistics/1059778/music-streaming-ad-revenue-india/
KPMG. "Music Streaming Ad Revenue across India from Fy 2019 to Fy 2024 (in Billion Indian Rupees)." Statista, Statista Inc., 19 Aug 2019, https://www.statista.com/statistics/1059778/music-streaming-ad-revenue-india/
KPMG, Music streaming ad revenue across India from FY 2019 to FY 2024 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1059778/music-streaming-ad-revenue-india/ (last visited March 28, 2020)
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