Geekzone: technology news, blogs, forums
Guest
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: http://www.juniperresearch.com...




comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

TP-Link Archer C2 and Spark Blunder...What To Do Next?
Created by DukeEdwardI, last reply by hio77 on 25-Apr-2017 18:28 (28 replies)
Pages... 2


The President Of The USA: Donald Trump
Created by TimA, last reply by tdgeek on 25-Apr-2017 18:33 (4060 replies)
Pages... 269 270 271


New Immigration Changes
Created by Oriphix, last reply by joker97 on 21-Apr-2017 21:01 (40 replies)
Pages... 2 3


The case for mandatory internet filtering
Created by shanehobson, last reply by Rikkitic on 25-Apr-2017 09:22 (73 replies)
Pages... 3 4 5


Need Help With Unstable Broadband on Old Exchange
Created by da5id, last reply by hio77 on 24-Apr-2017 17:59 (17 replies)
Pages... 2


recommend me a ADSL 2+ modem?
Created by tommyboy, last reply by tommyboy on 24-Apr-2017 20:08 (32 replies)
Pages... 2 3


Spark move to IP-based voice
Created by freitasm, last reply by old3eyes on 22-Apr-2017 07:38 (61 replies)
Pages... 3 4 5


Belkin Wemo Light Switch - I want to buy but who has them?
Created by rogercruse, last reply by sbiddle on 25-Apr-2017 16:59 (26 replies)
Pages... 2