Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Global mobile music market to reach US$9billion by 2009
Posted on 3-Mar-2005 23:14. | Tags Filed under: News.

The increasing popularity of full-track downloads and ring-back tones will help push mobile music revenues to more than US$9.3 billion by 2009, according to a new report from Juniper Research (‘Mobile Music: Ringtones, Ring-backs & Full-tracks (second edition)’)

While the downloads of mobile ringtones and realtones will comprise the bulk of revenues (US$4.8 billion), the market for full-track downloads is expected to increase from just US$20 million in 2004 to nearly US$1.8 billion in 2009, while ring-back tones – already generating substantial revenues in Asia – should be worth US$2.7 billion worldwide by the end of the decade.

According to report author Dr Windsor Holden, “Last year we saw the major network operators and players taking the first tentative steps towards the mass distribution of master recordings via mobile handsets. This year the operators are substantially increasing their catalogues as more labels come on board, while the vendors are producing more handsets with integrated music players.”

Dr Holden added that it was likely that ring-back tones would generate the majority of their revenues amongst fashion-conscious teenagers and young adults.

“By subscribing, they can demonstrate to their callers (usually their peer group) that they are keeping up with the musical times by having the latest number one on their ring-back tone as well as their ringtone,” he said.

The report also shows that the total value of global mobile music market will rise by 39% in 2005 to nearly US$5 billion. Europe is expected to lead revenue growth in short term, to be overhauled once more by Asia-Pacific revenues by 2007. The current sixty million ring-back tone subscribers worldwide in 2005, should rise to more than 300 million in 2009.

More information:

comments powered by Disqus

Trending now »

Hot discussions in our forums right now:

Gigabit cable now available
Created by sub, last reply by hio77 on 22-Oct-2016 17:58 (54 replies)
Pages... 2 3 4

Sony XZ Owners discussion
Created by networkn, last reply by old3eyes on 22-Oct-2016 18:10 (79 replies)
Pages... 4 5 6

Does anyone use Ebay?
Created by TeaLeaf, last reply by sbiddle on 22-Oct-2016 18:20 (14 replies)

Who is this women? She is possibly the most famous women on the internet and nobody knows who she is.
Created by jimbob79, last reply by cynnicallemon on 20-Oct-2016 13:28 (14 replies)

Labour weekend plans?
Created by DarthKermit, last reply by joker97 on 22-Oct-2016 09:51 (27 replies)
Pages... 2

Is windows 10 anniversary update causing you problems
Created by robjg63, last reply by mdav056 on 20-Oct-2016 14:01 (27 replies)
Pages... 2

Don't worry about drugs. Helium possession is what will get you busted!
Created by Rikkitic, last reply by Rikkitic on 19-Oct-2016 11:11 (27 replies)
Pages... 2

Staying charged in USA and Canada?
Created by kiwifidget, last reply by sbiddle on 21-Oct-2016 19:36 (12 replies)