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South Korea's music industry - Statistics & Facts

The South Korean K-pop group BTS managed to set a new record by attracting more than 101.1 billion views within 24 hours for their latest music video, Dynamite. The fact that K-pop bands break continuously break records shows how K-pop is not only popular in South Korea or Asian countries anymore, but has managed to reach a global audience. According to a survey about the popularity of K-pop worldwide in 2019, around 37.5 percent of respondents stated that K-Pop was “very popular” in their country. According to the same survey, the main reason for its popularity were the catchy rhythms and choruses.

Music industry

All in all, the South Korean music industry had a sales revenue of around 6.1 trillion South Korean won – and an export value of about 562.24 million U.S. dollars. The export value has been increasing steadily ever since 2009 when K-pop began to become a global phenomenon. Nevertheless, while K-pop is one of the most prominent music exports from South Korea, especially older generations, enjoy Korean Trot, an older form of South Korean popular music. All in all, when asked about their favorite origin of music, around 83.6 percent of music listeners in South Korea stated that they prefer to listen to music originating from South Korea.

Music streaming

In the home country of Samsung and LG, a great majority of consumers own and use smartphones. With one of the best internet connections of the world, it is unsurprising that music consumers prefer to stream music rather than purchasing a physical copy. When asked about their preferred way of obtaining music, approximately 63.7 percent stated that they preferred streaming, while only 3.2 percent preferred to purchase a physical copy. In 2019, the most frequently used music streaming service was Melon, a South Korean streaming service currently owned by Kakao M.

Key figures

The most important key figures provide you with a compact summary of the topic of "Music industry in South Korea " and take you straight to the corresponding statistics.

Music streaming

Consumer preferences

Industry data

Interesting statistics

In the following 4 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Music industry in South Korea ".

Music industry in South Korea

Dossier on the topic

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South Korea's music industry - Statistics & Facts

The South Korean K-pop group BTS managed to set a new record by attracting more than 101.1 billion views within 24 hours for their latest music video, Dynamite. The fact that K-pop bands break continuously break records shows how K-pop is not only popular in South Korea or Asian countries anymore, but has managed to reach a global audience. According to a survey about the popularity of K-pop worldwide in 2019, around 37.5 percent of respondents stated that K-Pop was “very popular” in their country. According to the same survey, the main reason for its popularity were the catchy rhythms and choruses.

Music industry

All in all, the South Korean music industry had a sales revenue of around 6.1 trillion South Korean won – and an export value of about 562.24 million U.S. dollars. The export value has been increasing steadily ever since 2009 when K-pop began to become a global phenomenon. Nevertheless, while K-pop is one of the most prominent music exports from South Korea, especially older generations, enjoy Korean Trot, an older form of South Korean popular music. All in all, when asked about their favorite origin of music, around 83.6 percent of music listeners in South Korea stated that they prefer to listen to music originating from South Korea.

Music streaming

In the home country of Samsung and LG, a great majority of consumers own and use smartphones. With one of the best internet connections of the world, it is unsurprising that music consumers prefer to stream music rather than purchasing a physical copy. When asked about their preferred way of obtaining music, approximately 63.7 percent stated that they preferred streaming, while only 3.2 percent preferred to purchase a physical copy. In 2019, the most frequently used music streaming service was Melon, a South Korean streaming service currently owned by Kakao M.

Interesting statistics

In the following 4 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Music industry in South Korea ".

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