Mobile Ringtones Migrate to Full Track and Subscriptions: iSuppli
Mobile music is emerging as a new revenue stream not just for mobile phone operators and handset manufacturers but also for companies involved in producing and distributing content for mobile phones. Initiated by the desire of users to personalize their ringtones and call back tones, the users' preferences are now shifting towards full track music, with Asia and Europe showing the fastest adoption of full track music among users. Highlights of the report * The mobile music market revenue is expected to grow from $7 billion (2006) to $15.7 billion (2010) with full track music download contributing nearly $5 billion to the total mobile music revenue. * Users are migrating from polyphonic ringtones to ringtunes (real music tunes) in advanced countries while polyphonic ringtones are still growing in developing regions. iSuppli study projects that total polyphonic ringtones market will be reduced to just $1 billion by the year 2010. * Mobile full track music downloads represent the grea...