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Market Forecast: Recorded Music
Generator Research Limited, March 2006, Pages: 9
Europe, 2006 to 2011
At last, it seems the tide is turning. After years of declining sales, rampant piracy and investor dissent, the recorded music industry is poised to enter a new phase of growth, although this will not resemble the late 1980's when the CD was approaching its zenith.
Digital revenues now account for 6% of industry revenues, up from practically zero just a few years ago and the efforts to contain unauthorised P2P file-sharing networks are now bearing fruit with most players now accepting that the future lies in legitimate, paid-for services.
This report presents a forecast for the retail value of the European recorded music market from 2006 to 2011. A detailed explanation is provided for what the forecast includes and excludes along with the relevant assumptions.
The report also contains a description of Generator's proprietary forecasting model which forms that basis of the forecast. This has allowed us to model a number of important mechanisms including the rate at which consumers can be converted from engaging in various forms of piracy to paying customers.
Topics Include:
- Numerical Data
- Two Graphical Formats
- Detailed Methodology
- Top-12 Music Markets
- Market Forecast Recorded Music
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