China Music Streaming Market Size & Outlook, 2023-2030
China music streaming market, 2018-2030 (US$B)
Related Markets
China music streaming market highlights
- The China music streaming market generated a revenue of USD 3.4 billion in 2023 and is expected to reach USD 7.9 billion by 2030.
- The China market is expected to grow at a CAGR of 13.1% from 2024 to 2030.
- In terms of segment, on-demand was the largest revenue generating service in 2023.
- Live Streaming is the most lucrative service segment registering the fastest growth during the forecast period.
Music streaming market data book summary
| Market revenue in 2023 | USD 3.4 billion |
| Market revenue in 2030 | USD 7.9 billion |
| Growth rate | 13.1% (CAGR from 2023 to 2030) |
| Largest segment | On-demand |
| Fastest growing segment | Live Streaming |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | On-Demand, Live Streaming |
| Key market players worldwide | Spotify Technology SA, Apple Inc, Amazon.com Inc, Alphabet Inc Class A, Sirius XM Holdings Inc, Tencent Music Entertainment Group ADR, SoundCloud, iHeartMedia Inc |
Other key industry trends
- In terms of revenue, China accounted for 8.3% of the global music streaming market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China music streaming market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4.8 billion by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Music Streaming Market Scope
Music Streaming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China music streaming market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to music streaming market will help companies and investors design strategic landscapes.
On-demand was the largest segment with a revenue share of 70.59% in 2023. Horizon Databook has segmented the China music streaming market based on on-demand, live streaming covering the revenue growth of each sub-segment from 2018 to 2030.
- China Music Streaming Service Outlook (Revenue, USD Billion, 2018-2030)
- On-Demand
- Live Streaming
- China Music Streaming End Use Outlook (Revenue, USD Billion, 2018-2030)
- Individual
- Commercial
- Enterprise
- Consumer
Reasons to subscribe to China music streaming market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China music streaming market databook
-
Our clientele includes a mix of music streaming market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China music streaming market , including forecasts for subscribers. This country databook contains high-level insights into China music streaming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China music streaming market size, by service, 2018-2030 (US$B)
China Music Streaming Market Outlook Share, 2023 & 2030 (US$B)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
