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Article: Mobile music to generate US$13bn by 2011 - Informa.
- Article from:
- Total Telecom Online
- Article date:
- June 16, 2006
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Byline: Total Telecom staff
Mobile music of all types will generate more than US$13 billion in revenue by 2011 from around US$7.4 billion this year, according to latest figures from Informa Telecoms & Media.
In its report, MOBILE MUSIC: Creating a ubiquitous market for music services, the analyst group noted that a large proportion of this revenue will still be derived from ringtones, with ring back tones starting to make significant contributions to this growth.
The steady growth in full track downloads (FTD) and streaming audio services are also helping to raise the profile of the mobile phone as a credible music device, the report added.
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