Mobile Music Market to Reach $9 Billion by 2009

[Mike Temporale]

http://www.juniperresearch.com/reports/24_mmusicandringtones2/press_release.htm

"The increasing popularity of full-track downloads and ring-back tones will help push mobile music revenues to more than $9.3 billion by 2009, according to a new report from Juniper Research. While the downloads of mobile ringtones and realtones will comprise the bulk of revenues ($4.8 billion), the market for full-track downloads is expected to increase from just $20 million in 2004 to nearly $1.8 billion in 2009, while ring-back tones – already generating substantial revenues in Asia – should be worth $2.7 billion worldwide by the end of the decade."

It's no wonder that everyone and their brother are fighting to launch music download services of one flavour or another. Thankfully, we can make our own ringtones for our Smartphones. 8)

[Mike Temporale]

http://www.juniperresearch.com/reports/24_mmusicandringtones2/press_release.htm

"The increasing popularity of full-track downloads and ring-back tones will help push mobile music revenues to more than $9.3 billion by 2009, according to a new report from Juniper Research. While the downloads of mobile ringtones and realtones will comprise the bulk of revenues ($4.8 billion), the market for full-track downloads is expected to increase from just $20 million in 2004 to nearly $1.8 billion in 2009, while ring-back tones – already generating substantial revenues in Asia – should be worth $2.7 billion worldwide by the end of the decade."

It's no wonder that everyone and their brother are fighting to launch music download services of one flavour or another. Thankfully, we can make our own ringtones for our Smartphones. 8)