According to research consultancy Consect, global mobile phone ringtone sales will total $4 billion in 2004. In the US market, total sales have doubled from $150MM in 2003 to more than $300MM for 2004, making the US one of the fastest growing — and largely untapped — markets for mobile music.
In other regions, ringtone revenues reach $1.5 billion for Western Europe, $0.5 billion for Korea, and $0.7 billion for the rest of the world.
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