Wireless music market to reach $1.2 bln in the US by 2009
IDC expects the US wireless full-track music market to surge to $1.2 bln in revenue and over 50 mln full-track customers and subscribers by 2009. The domestic market for cellular full-track OTA (over-the-air) delivery of music via 2.5G and 3G networks is clearly still in its infancy, despite the increasing levels of media coverage and industry buzz around the topic. Indeed, wireless full-track OTA delivery has yet to be launched in the US A number of challenges facing the wireless music value chain have impeded development of this emerging market. Key near-term constraints include: lack of available handsets and 3G networks, digital rights management (DRM) complexity, competition from incumbent services, and business pricing models and practices.