August 2, 2006
Over the air music downloads to increase in the next five years
Analysts forecast that mobile music revenue is to shift away from ringtones and be generated more by over the air music downloads, informs pocket lint.
The latest report from Jupiter Research shows that annual mobile music revenues will reach $14 billion worldwide by 2011, and that Asia Pacific will contribute 40 percent at that time.
At the moment, ringtones occupy an 81 percent share in mobile music services, but this is set to fall to 51 percent by 2001, while over the air full track music will rise from 9 percent to 32 percent.
The analysts see OTA full track music taking off thanks to the growing popularity of 3G networks and music handsets.
Regine | 10:12 PM |
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