Monday, October 16, 2006

Music market rockets in Asia

From almost nothing five years ago, the mobile music market in Asia/Pacific grew to US$3.3 billion in 2005, and will reach US$9.3 billion by 2010, according to Instat.

Growth drivers include large markets like China and India reaching a critical mass of mobile subscribers and 3G services becoming prevalent regionwide.

By 2010, the music market in:
China grows to $2.8b
Japan to $3.4b

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