In 2019, the digital music industry in China was estimated to generate an annual revenue of approximately 10.4 billion yuan, with a 36.1 percent growth rate 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 2018 with estimates until 2023
(in billion yuan)
Note: 1 yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of April 2020).
The data are based on enterprises' financial reports of enterprises and experts' interviews in iResearch statistical model. It includes revenue form user payment, such as membership, music payment, and digital album.
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iResearch. (December 31, 2019). Annual revenue of the digital music industry in China from 2013 to 2018 with estimates until 2023 (in billion yuan) [Graph]. In Statista. Retrieved July 16, 2020, 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 2018 with estimates until 2023 (in billion yuan)." Chart. December 31, 2019. Statista. Accessed July 16, 2020. https://www.statista.com/statistics/1068349/china-digital-music-market-revenue/
iResearch. (2019). Annual revenue of the digital music industry in China from 2013 to 2018 with estimates until 2023 (in billion yuan). Statista. Statista Inc.. Accessed: July 16, 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 2018 with Estimates until 2023 (in Billion Yuan)." Statista, Statista Inc., 31 Dec 2019, https://www.statista.com/statistics/1068349/china-digital-music-market-revenue/
iResearch, Annual revenue of the digital music industry in China from 2013 to 2018 with estimates until 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1068349/china-digital-music-market-revenue/ (last visited July 16, 2020)
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