Annual revenue of China's digital music market 2013-2022

Published by Lai Lin Thomala, Feb 9, 2021
In 2020, the digital music industry in China was estimated to generate an annual revenue of approximately 13.2 billion yuan, posting a 30.4 percent growth compared to the previous year. User payments, advertising revenues and copyright operations are the main revenue sources of digital music platforms in China.

Annual revenue of the digital music industry in China from 2013 to 2019 with estimates until 2022 (in billion yuan)

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Source

In cooperation with
iResearch
Release date

October 2020

Region

China

Survey time period

2013 to 2019

Supplementary notes

*Estimate.

One yuan equals approximately 0.16 U.S. dollars and 0.13 euros (as of February 2021).

The data are based on enterprises' financial reports of enterprises and experts' interviews in iResearch statistical model. It includes revenue from user payment, such as membership, music payment, and digital album.

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