Just to put my previous post about the success of iTunes in perspective (remember, about 300$m in 2 years), read this report from FierceWireless. Pretty impressive: I still wonder why kids are willing to pay 2-3€/stupid polyphonic ringtones, but no 0,99$ for a full hi-fi track on iTunes... :
"According to a new study by Juniper Research, the market for mobile music downloads will reach $9.3 billion by 2009. The increasing popularity of new forms of ringtones, like ringback tones, and the spread of full-track downloads will fuel most of this growth. Juniper predicts that the global mobile music market will grow 39 percent in 2005 to $5 billion. The study predicts there will be 60 million ringback tone subscribers worldwide in 2005, growing to more than 300 million by 2009.
For more on the growth of the mobile music market:
- check out this report summaryPLUS: An intelligent examination of the ringtone market. Article"
