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It would be unfair to say that the Korean music industry (K-Pop) is overpowering the Indian music industry as both influential and successful in their own rights. Whether one is overpowering the other depends on various factors such as global reach, cultural influence, and market size.
K-pop has seen a massive surge in global popularity, particularly in the last decade. Groups like BTS, BLACKPINK, and EXO have significant followings worldwide. Indian music, particularly Bollywood music, has a strong cultural influence in countries with large Indian diasporas, such as the UK, USA, Canada, and various African and Middle Eastern countries.
The Korean music industry is a major revenue generator for South Korea, contributing significantly to the economy through music sales, concerts, and merchandise, while India has a vast and diverse domestic market with millions of music consumers. The close connection between the Indian film industry and music industry means that music is a significant part of the film economy.
Both industries are powerful in their own rights and have their own strengths and areas of influence. K-pop has a strong global presence, especially among younger audiences and in digital spaces. The Indian music industry has a vast and culturally rich heritage with a significant influence in countries with large Indian populations. Rather than one overpowering the other, they coexist with their own unique impacts and spheres of influence.