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. |