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Revenue Opportunities Abound Worldwide in Online and Mobile Music Distribution
In-Stat/MDR, April 2008, Pages: 26
Consumers continue to enthusiastically embrace digital music. Digital music sales represented 10% of the total worldwide music market in 2007, up from 6% in 2006. We expect that by 2012, digital music sales will represent an impressive 40% of all music purchased worldwide.
The popularity of digital music formats differs depending on region. For example, the Internet remains the primary distribution channel for digital music in the US; whereas full-track downloads to mobile phones is the primary digital music format in Japan.
In-Stat's latest report focuses on the online distribution of digital music. However, in an effort to understand how the growth in the mobile music market may impact online music, We include discussion around new developments in mobile music, with a focus on full-track downloads to mobile phones.
Worldwide forecasts are provided for revenues derived from online music sales and subscription-based music services, physical CD sales online, and full-track downloads to mobile phones. Results from a US-based survey regarding end-users' attitudes and behaviors toward online music and video are also included.
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