Group Overview

Hanaxis Group is a management consulting firm. We are the trusted advisor and counselor to our clients. Our clients include Fortune Global 500 companies and our work covers across more than 29 jurisdictions and territories.

We focus on delivering practical results, delivering value to our clients. We assist our clients on key strategic issues, leveraging our industry expertise and using analytical rigor to help them make better decisions and solve their business problems.

Knowledge Community

Music Streaming

Posted: 12/01/2018
Gone are the heydays of cassette tapes and CDs. Since the late 1990s, audio technology has come a long way and music streaming has been increasingly driving the way we consume music. As streaming technology continues to evolve in this digital era, so as the overall musical landscape. Today, music streaming has more than 100 million paid subscribers worldwide. In 2016, the global music industry derived half of its revenue from the digital music world and streaming made up most of the digital revenue; while global streaming revenue alone has [...]

Mobile Payments

Posted: 05/12/2017
While electronic payments have begun in earnest decades ago, recent years have seen a massive upswing in mobile payments given the penetration of smartphones and their improved technical capabilities. Since people become increasingly open to adopting mobile payments into their everyday life, the parade toward a cashless society looks downright unstoppable. The global mobile payment revenue in 2015 has reached US$450 billion and is expected to exceed US$1 trillion in 2019. The speed of transition in China, as is the case with many other digital [...]

China’s Music Industry

Posted: 05/12/2017
Once a hotbed of piracy, China has emerged as one of the world’s fastest-growing music markets nowadays. With a huge population and growing purchasing power, China’s music industry is the sleeping giant that is now slowly waking up and becoming increasingly attractive to artists. In 2016, China ranked 12th in recorded music revenue (up from 14th in 2015), 9th in digital music and 7th in music streaming worldwide. Its recorded music revenue grew 20.3%, driven by a 30.6% growth in streaming; while digital music revenue made up 96% of the recorded music [...]