2014-04-01 08:55:01 - Publishing of Recorded Audio Media in Indonesia: ISIC 2213 - a new market research report on companiesandmarkets.com
Domestic demand for publishing of recorded audio media in Indonesia amounts to nearly Rp50.0 billion in 2012, representing average annual growth of 13% over review period. Indonesian market dominated by foreign music publishers, whose penetration reaches 81% in 2012.
Industry revenue expands 45% over 2007-2012, yet industry remains significantly underdeveloped at Rp44.2 billion. Suara Publisindo is the leading company, generating 75% of total industry revenue in 2010.
Future growth to be influenced by on-going pressure from illegal online music downloads, but industry expected to see positive 87% growth over 2013-2018.
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