Premium mobile content market generated $16.4 bln in 2006

Global premium mobile content market revenue rose to $16.4 bln in 2006, up 22% from $13.4 bln in 2005, according to iSuppli. By 2011, global mobile music revenue will reach $17.6 bln, maintaining a Compound Annual Growth Rate (CAGR) of 19.8% from $7.1 bln in 2006, according to iSuppli. Of this, full-track downloads delivered both wirelessly and via broadband, but billed through mobile operators, will grow to the largest segment of the mobile-music market at $5.7 bln in 2011.