Study Predicts $11.3 Billion Mobile Music Market In 5 Years

According to Digital Music News: "Just how big will the mobile music market be in 2010? Certainly, things will look a lot different than they do now, with a new market being shaped by beefier devices, faster delivery networks, surging interest and more robust batteries. That has most research groups asking just how high this market will rise, with Informa Telecoms and Media projecting an $11.3 billion market by 2010. Realtones will account for $6.8 billion of that total, outpacing polyphonic tones next year. Current ringtones sales, including both real and polyphonic tones, account for an estimated $4.9bn this year according to the research."

"While Informa sees a painful death for the iPod as the mobile music market evolves, the Apple devices are currently enjoying a nice reign…Ringtone sales themselves could start to feel a pinch, with many still amazed at just how much money one tone can fetch. That offers an interesting opportunity for companies like Xingtone and Primetones, which both other do-it-yourself ringtone creation tools…Meanwhile, many newer phones offer embedded ringtone creation tools, posing another major threat for existing ringtone revenues."