In 2023, the Chinese entertainment and media market was estimated to be value at about 241 billion U.S. dollars. The figure was expected to expand by a compound annual growth rate of 6.1 percent until 2027. China is the second-largest entertainment and media market after the United States, contributing almost ten percent of the industry revenue.
Value of the entertainment and media market in China in 2022 with estimates until 2027
(in billion U.S. dollars)
includes business-to-business, book, magazine and newspaper publishing, filmed entertainment, internet access and advertising, out-of-home advertising, radio, music, video games as well as TV advertising and subscriptions and licence fees
Supplementary notes
*Estimate.
The Statista estimate is based on values in 2022 and 2027 and the compound annual growth rate from 2022 to 2027 of 6.1%, which were provided by the source. An exponential development of the market was assumed.
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Statista, & PwC. (June 21, 2023). Value of the entertainment and media market in China in 2022 with estimates until 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/237772/value-of-the-chinese-entertainment-and-media-market/
Statista, und PwC. "Value of the entertainment and media market in China in 2022 with estimates until 2027 (in billion U.S. dollars)." Chart. June 21, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/237772/value-of-the-chinese-entertainment-and-media-market/
Statista, PwC. (2023). Value of the entertainment and media market in China in 2022 with estimates until 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/237772/value-of-the-chinese-entertainment-and-media-market/
Statista, and PwC. "Value of The Entertainment and Media Market in China in 2022 with Estimates until 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 21 Jun 2023, https://www.statista.com/statistics/237772/value-of-the-chinese-entertainment-and-media-market/
Statista & PwC, Value of the entertainment and media market in China in 2022 with estimates until 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/237772/value-of-the-chinese-entertainment-and-media-market/ (last visited October 31, 2024)
Value of the entertainment and media market in China in 2022 with estimates until 2027 (in billion U.S. dollars) [Graph], Statista, & PwC, June 21, 2023. [Online]. Available: https://www.statista.com/statistics/237772/value-of-the-chinese-entertainment-and-media-market/
