Core Insights - The revenue scale of China's online literature market is projected to reach 49.55 billion yuan in 2024, indicating a year-on-year growth of 29.37%, showcasing the market's resilience and vast potential [1] Industry Summary - The report was released by the China Audio-Video and Digital Publishing Association on July 17, 2023, in Beijing [1] - The online literature market in China is demonstrating strong growth and a promising outlook for the future [1]

Core Insights - The report indicates that by the end of 2024, the market size of China's online literature reading is expected to reach 43.06 billion, representing a year-on-year growth of 6.8% [1] - The market size of online literature intellectual property (IP) has significantly increased to 298.56 billion, with a year-on-year growth of 14.6% [1] - The number of online literature authors has surpassed 30 million for the first time, reaching 31.198 million [1] - The total number of online literary works has reached 41.651 million [1] - The number of online literature users has grown to 575 million, reflecting a year-on-year increase of 10.58% [1]