Core Viewpoint - The multi-scenario karaoke system industry in China is experiencing robust growth driven by macroeconomic stability, rising consumer spending, technological advancements, and supportive policies, leading to a projected market size of 14.5 billion yuan in 2024 and over 30 billion yuan by 2028 [1][2][45]. Industry Development Environment - Economic Factors: The macroeconomic growth from 70.3 trillion yuan in 2015 to 134.9 trillion yuan in 2024, alongside a 100% increase in per capita disposable income, has solidified the foundation for entertainment consumption [9][11]. - Social Factors: The music industry has shown steady recovery, with its total scale increasing from 301.8 billion yuan to 492.9 billion yuan from 2015 to 2024, enhancing the content supply for the karaoke industry [17][20]. - Technological Factors: Leading karaoke system providers are increasing R&D investments, with over 100 patent applications annually from 2015 to 2024, focusing on AI and smart technologies [22][24]. - Policy Factors: The establishment of a "dual protection" mechanism for content and copyright by the Ministry of Culture and Tourism, along with industry associations, ensures legal compliance in the karaoke scene [26][29]. Industry Development Status - The karaoke system industry is transitioning from a closed entertainment model to an open ecosystem, with a market size expected to reach 14.5 billion yuan in 2024 and surpass 30 billion yuan by 2028, driven by the expansion of in-car and outdoor scenarios [2][45]. - The industry is witnessing a structural shift, with traditional commercial entertainment declining while home, in-car, and outdoor entertainment rapidly rise, particularly in the in-car and outdoor segments [2][53]. Industry Development Trends - The industry is shifting from hardware dependence to cloud-network integration, enabling light asset operations and enhancing flexibility [3][63]. - The deep integration of digitalization and AI is driving intelligent operations, immersive experiences, and data-driven decision-making [4][66]. - The transition from traditional closed operations to open scenario-based services is creating a comprehensive karaoke entertainment landscape [5][69]. Industry Structure and Participants - The karaoke system industry features a clear structure with various participants, including upstream content providers, midstream system providers, and downstream consumers across multiple scenarios [33][36]. Market Size and Growth Drivers - The karaoke system market is projected to grow steadily, with a market size of 14.5 billion yuan in 2024, driven by the expansion of multi-scenario businesses and the increasing willingness of users to pay for services [45][48]. - The revenue from software and hardware services is expected to reach 9.6 billion yuan in 2024, while paid value-added services are projected to grow to 4.4 billion yuan, indicating a sustainable growth trajectory [48][50]. Segment Analysis - The traditional commercial entertainment segment is recovering slowly, while the in-car segment is experiencing explosive growth, with a projected increase from 0.5 billion yuan in 2021 to 11.0 billion yuan by 2028 [55][57]. - The outdoor karaoke segment is also rapidly emerging, with expected growth from 1.1 billion yuan in 2019 to 5.8 billion yuan by 2028, driven by new leisure activities [59]. - The home karaoke segment is anticipated to grow steadily, from 0.6 billion yuan in 2019 to 6.4 billion yuan by 2028, supported by the increasing popularity of smart home devices [61]. Conclusion - The multi-scenario karaoke system industry in China is poised for significant growth, driven by economic stability, technological advancements, and evolving consumer preferences, marking a transition towards a more integrated and immersive entertainment experience [1][2][66].
多场景K歌系统行业研究报告
艾瑞咨询·2025-11-25 00:06