Online music social and entertainment market size in China 2016-2025

Published by
Lai Lin Thomala,
Jun 23, 2023
In 2020, the market size of social and entertainment services with a focus on online music amounted to around 28.5 billion yuan in China, growing at a CAGR of more than 60 percent between 2016 and 2020. Online karaoke and audio livestreaming have been gaining traction while virtual commodity was the major market revenue driver.

Size of online music social and entertainment service market in China from 2016 to 2020, with forecasts until 2025 (in billion yuan)

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Release date

November 2021

Region

China

Survey time period

2016 to 2020

Supplementary notes

*Forecast.

One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of February 2022).

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Overview

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Market leaders

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Bestsellers

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Consumers

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