[World music market in the 2020s] Is the Indian market barren? The growth of music streaming
India is said to overtake the United States as the world's largest economy. But that may not be the case when it comes to the music market. The music industry may be overestimating the Indian market. It ranks fifth in the world in terms of nominal GDP, and is said to overtake Japan, the United Kingdom, and China in the future, but the music market is not doing well.