Brazil to Dominate Latin American Ringtone Marke

Latin American ringtones billing will reach US$1.6 Billion by 2012, with Brazil representing over 36% of the region's income, says a report from Signals Telecom. Cellular News reports.

"The Ring Tones markets in Argentina, Brazil, Chile, Columbia, Mexico, Peru and Venezuela combined are expected to reach a 26.75% annual growth rate during the 2007- 2012 period. However, developments in Brazil's market will depend on removing regulatory hurdles in its music industry.

Signals points out that Ring Tones market growth is possible due to an increase in the youth segment of its user base, in addition to mobile data downloading as a basic application for digital musical reproduction."

emily | 1:13 PM | Random Stats |
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