In 2018, the digital music industry in China generated about 59 percent of the revenue from consumer payments for music. The figure was estimated to rise to 77 percent by 2023. The industry became less dependent on the advertisement as a source of revenue.
Distribution of revenue of digital music market in China from 2013 to 2018 with estimates until 2023, by segment
*Estimate.
**Revenue generated from content included the membership fee and music package fee charged by music platforms, as well as the sales of digital albums.
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iResearch. (July 11, 2019). Distribution of revenue of digital music market in China from 2013 to 2018 with estimates until 2023, by segment [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1111788/china-digital-music-market-business-revenue-source-breakdown-by-segment/
iResearch. "Distribution of revenue of digital music market in China from 2013 to 2018 with estimates until 2023, by segment." Chart. July 11, 2019. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1111788/china-digital-music-market-business-revenue-source-breakdown-by-segment/
iResearch. (2019). Distribution of revenue of digital music market in China from 2013 to 2018 with estimates until 2023, by segment. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1111788/china-digital-music-market-business-revenue-source-breakdown-by-segment/
iResearch. "Distribution of Revenue of Digital Music Market in China from 2013 to 2018 with Estimates until 2023, by Segment." Statista, Statista Inc., 11 Jul 2019, https://www.statista.com/statistics/1111788/china-digital-music-market-business-revenue-source-breakdown-by-segment/
iResearch, Distribution of revenue of digital music market in China from 2013 to 2018 with estimates until 2023, by segment Statista, https://www.statista.com/statistics/1111788/china-digital-music-market-business-revenue-source-breakdown-by-segment/ (last visited November 19, 2024)
Distribution of revenue of digital music market in China from 2013 to 2018 with estimates until 2023, by segment [Graph], iResearch, July 11, 2019. [Online]. Available: https://www.statista.com/statistics/1111788/china-digital-music-market-business-revenue-source-breakdown-by-segment/