Mobile Music Market to Reach $9bn by 2009

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 Researche.

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. [press release]

emily | 6:07 PM | Random Stats |
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