Mobile Music Spending To Top $32 Billion By 2010
Global spending on mobile music ranging from ringtones to full track downloads
is expected to reach
$32.2 billion by 2010 let by spending in the Pacific Rim according to Gartner Research. That is a 2.5 time increase over this year’s predicted $13.7 billion.
But cell providers need to get more aggressive about services and competitive with pricing in order to grab consumer spending from iTunes and other pure download services according to the study.