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)
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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iResearch. (October 15, 2020). Annual revenue of the digital music industry in China from 2013 to 2019 with estimates until 2022 (in billion yuan) [Graph]. In Statista. Retrieved July 04, 2022, from https://www.statista.com/statistics/1068349/china-digital-music-market-revenue/
iResearch. "Annual revenue of the digital music industry in China from 2013 to 2019 with estimates until 2022 (in billion yuan)." Chart. October 15, 2020. Statista. Accessed July 04, 2022. https://www.statista.com/statistics/1068349/china-digital-music-market-revenue/
iResearch. (2020). Annual revenue of the digital music industry in China from 2013 to 2019 with estimates until 2022 (in billion yuan). Statista. Statista Inc.. Accessed: July 04, 2022. https://www.statista.com/statistics/1068349/china-digital-music-market-revenue/
iResearch. "Annual Revenue of The Digital Music Industry in China from 2013 to 2019 with Estimates until 2022 (in Billion Yuan)." Statista, Statista Inc., 15 Oct 2020, https://www.statista.com/statistics/1068349/china-digital-music-market-revenue/
iResearch, Annual revenue of the digital music industry in China from 2013 to 2019 with estimates until 2022 (in billion yuan) Statista, https://www.statista.com/statistics/1068349/china-digital-music-market-revenue/ (last visited July 04, 2022)
