In 2020, China's digital music market value amounted to around 71 billion yuan, approximately 3.2 billion yuan up from the previous year. There were about 770 million digital music users in the world's most populous country.
Digital music industry size and YoY growth rate in China from 2013 to 2020 with an estimate for 2021
One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of February 2022).
Digital music market size includes digital music albums, singles purchase volume, music platform membership, online music concert ticket sales on music platforms, tips on live streaming, and much more.
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Analysys. (June 22, 2021). Digital music industry size and YoY growth rate in China from 2013 to 2020 with an estimate for 2021 [Graph]. In Statista. Retrieved August 18, 2022, from https://www.statista.com/statistics/875109/digital-music-industry-size-china/
Analysys. "Digital music industry size and YoY growth rate in China from 2013 to 2020 with an estimate for 2021." Chart. June 22, 2021. Statista. Accessed August 18, 2022. https://www.statista.com/statistics/875109/digital-music-industry-size-china/
Analysys. (2021). Digital music industry size and YoY growth rate in China from 2013 to 2020 with an estimate for 2021. Statista. Statista Inc.. Accessed: August 18, 2022. https://www.statista.com/statistics/875109/digital-music-industry-size-china/
Analysys. "Digital Music Industry Size and Yoy Growth Rate in China from 2013 to 2020 with An Estimate for 2021." Statista, Statista Inc., 22 Jun 2021, https://www.statista.com/statistics/875109/digital-music-industry-size-china/
Analysys, Digital music industry size and YoY growth rate in China from 2013 to 2020 with an estimate for 2021 Statista, https://www.statista.com/statistics/875109/digital-music-industry-size-china/ (last visited August 18, 2022)