|
|
Article: Asia/Pacific Mobile Music Revenues Soaring According to In-Stat.
- Article from:
- Business Wire
- Article date:
- October 16, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SCOTTSDALE, Ariz. -- From almost nothing five years ago, the mobile music market in Asia/Pacific grew to US$3.3 billion in 2005, and will reach US$9.3 billion by 2010, reports In-Stat (http://www.in-stat.com). The breakthrough years for mobile music in Asia/Pacific will be 2007 and 2008, the high-tech market research firm says. Growth drivers include large markets like China and India reaching a critical mass of mobile subscribers and 3G services becoming prevalent regionwide.
"Ringtones have been the primary driver for mobile music growth in the past, but this will change as new mobile phones equipped with digital music file playback capability create a new ...