March 29, 2006
Carriers' Pockets Jingle To The Sound Of Music
Worldwide revenue from music downloaded onto mobile phones soared last year, and the trend is expected to continue over the next five years, a market research firm said Tuesday, reports TechWeb.
"People with handsets spent $251 million last year on music tracks, ring tones and ring-back tones, compared with $12.4 million in 2004, ABI Research said. By 2011, mobile phone subscribers are expected to spend $9.3 billion.
ABI expects over-the-air downloads to be more successful overseas, particularly in Asia, than in North America, where there's a high penetration of home computers used to download music. "
emily | 11:10 AM |
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