Summary:

Digital music will generate just EUR 24 million in Europe in 2003, but will grow into a EUR 1.3 billion market by 2007, accounting for 13 pe…

Digital music will generate just EUR 24 million in Europe in 2003, but will grow into a EUR 1.3 billion market by 2007, accounting for 13 percent of all music sales, according to Forrester.

Singles has always been a bigger market is Europe: “European consumers are already keen buyers of singles — in 2002, Europeans bought around 165 million singles, compared with sales of just 9 million in the US,” Jennings said.

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