Blog Post

Interesting mobile music info

MobZilla has a few interesting facts about the music industry on its investors page – so bear in mind it only has the good side of the story. Still, tidbits include:

  • Global non-voice (data) mobile services market will be worth $126 Billion in 2008, representing 20 percent of operator revenues and more than doubling 2003 levels.
  • Internet and mobile music download and subscription services will generate $4.5 billion by 2008, accounting for 33% of all music sales worldwide.
  • a recent Consumer Mobility Study by In-Stat/MDR finds that 11.4% of US mobile subscribers are very or extremely interested in moving beyond basic ringtones and purchasing more full-featured music/audio services for their wireless phones including music and news/talk content available as downloadable content or on demand. The most popular service concept is the ability to download MP3s or other digital music files directly to wireless handsets, followed closely by the ability to listen to streaming music on demand.

Related stories: MobZilla to stream BMI music to mobiles
MP3 players: “Size does not matter”
Mobile music revenues could top $9B in next four years