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Digital Music Industry Summary

Market Overview
The global digital music market is rapidly expanding, with a projected size of over $534 billion by 2028, driven by streaming subscriptions and ads. In China, the market reached 190.75 billion CNY in 2023, growing 22.7%, making it one of the most promising regions globally due to high Z世代 (Gen Z) engagement and diverse content consumption.

Full analysis available upon request.