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Q: cell phone industry ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: cell phone industry
Category: Miscellaneous
Asked by: mark800-ga
List Price: $5.00
Posted: 06 Dec 2003 02:57 PST
Expires: 05 Jan 2004 02:57 PST
Question ID: 284084
What is the annual sales of cell phone "ringtones" worldwide?
Answer  
Subject: Re: cell phone industry
Answered By: juggler-ga on 06 Dec 2003 12:18 PST
Rated:5 out of 5 stars
 
Hello.

Most analysts put the figure at $2 billion.


From Computer Times:
"... Ringtone business worldwide is valued at more than US$2 billion,
Warner Music estimates."
source:
Computer Times, Sept 3, 2003
http://computertimes.asia1.com.sg/issues/story/0,5104,1270,00.html


Also see:
"DOWNLOADABLE RINGTONE MARKET TO DOUBLE TO US$4 BILLION BY 2008"
http://www.strategyanalytics.com/press/PR00072.htm
(The fact this report predicts that the ringtone market will "double
to $4 billion" implies that sales are at $2 billion now).


Also see:
"Adam Zawel, an analyst at The Yankee Group, a Boston-based telecom
and technology research firm, forecasts the ringtone market will reach
$50 million in the United States this year alone.
  Around the world, it will be a $2 billion to $3 billion business in 2003.
"Globally, there seems to be an insatiable appetite for ringtones,"
Zawel told The Miami Herald in a telephone interview."
source:
Northern Star Online, September 2, 2003
http://www.star.niu.edu/rhythm/news/articles/090203-cell_phones.asp

--------
search strategy:
"ringtone market", billion
"ringtone business", billion

I hope this helps.
mark800-ga rated this answer:5 out of 5 stars
Just want I need. Thank you. Sorry for the delay in rating the answer.

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