Mobile music revenue up to 30% by 2011

Market research by Understanding & Solutions predicts that by 2011 mobile downloads will represent 30% of global music industry revenues. Currently it accounts for only 13%. The predicted $11 billion revenue will somewhat compensate the decline in traditional music retail sales. The market will be dominated by Japan and the US,driven by strong mobile subscriber growth and the status associated with music-related personalized mobile products. Meanwhile, the European market will suffer from its fragmentation.

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