Mobile music market to reach $17.5bn by 2012

27/02/2008

Juniper Research predict that the global mobile music market will be worth $17.5bn by 2012, writes Netimperative. Subscription music services and full-track downloads will contribute to the rise as the ringtones market will shrink from 68% (in 2007) to 38%. Ringtone prices will decrease under pressure from rival services. The report identified 2007 as the tipping point for the mobile music market as more consumers than ever before used their phones to access music services. Apple's iPhone was also identified as having raised the general awareness of mobile music services.
From Netimperative: http://www.netimperative.com,, 27/02/2008
Juniper Research: http://www.juniperresearch.com

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