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K-pop (short for Korean popular music) is a genre of popular music originating in South Korea.
It is influenced by styles and genres from around the world, such as Pop, experimental, rock, jazz, gospel, hip hop, R&B, reggae,
electronic dance, folk, country, and classical on top of its traditional Korean music roots.The more modern form of the genre
emerged with the formation of one of the earliest K-pop groups, Seo Taiji and Boys, in 1992. Their experimentation with different styles
and genres of music and integration of foreign musical elements helped reshape and modernize South Korea's contemporary music scene.
The term "K-pop" became popular since the 2000s. Previously, South Korean pop music was called Gayo. While "K-pop" is a general
term for popular music in South Korea, it is often used in a narrower sense for the genre described here. In 2018, K-pop experienced
significant growth and became a 'power player', marking a 17.9% increase in revenue growth. As of 2019, K-pop is ranked at number six
among the top ten music markets worldwide according to the International Federation of the Phonographic Industry's "Global Music Report 2019",
with BTS and Blackpink cited as artists leading the market growth. In 2020, K-pop experienced a record-breaking year when it experienced a 44.8%
growth and positioned itself as the fastest-growing major market of the year.