Music industry revenue in China 2013-2023

Published by
Lai Lin Thomala,
Jun 12, 2024
In 2023, China's music industry revenue amounted to around 470 billion yuan, reporting an annual growth rate of 10.75 percent. Karaoke, music education and training, and digital music were the three most important market sectors.

Market size of music industry in China from 2013 to 2023 (in billion yuan)

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Release date

June 2024

Region

China

Survey time period

2013 to 2023

Supplementary notes

* Figures have been calculated by Statista based on the actual figures and the respective year-on-year growth rates given in 2021 and 2023 by the source.

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of June2024).

Figures have been rounded for a better understanding.

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