Reportlinker Adds Western Europe Digital Music Forecast for Online, Mobile, and Subscription Channels, 2010 - 2014: The German Digital Music Market Will See Retail Revenues Increase to $1.14 Billion by the End of 2014
NEW YORK, Sept. 28 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Executive Summary
Digital music paid users in Western Europe to increase from 87.4 million in 2009 to 173.2 million in 2014
We are estimating that the total number of paid users of digital music in Western Europe was 87.4 million in 2009, and this number is going to increase to 173.2 million by the end of 2014, for a Compound Annual Growth Rate (CAGR) of 13.8% (previously 11.7%).
Online single download users to increase from 67.6 million to 136.4 million over the forecast period, 2010 - 2014
In Western Europe where broadband penetration is high, the majority of digital music users download music online rather than through mobile networks. We forecast that online paid download users will increase from 67.6 million in 2009 to 136.4 million in 2014 (CAGR of 14.3%, previously 12.7%). Growth of mobile download users will be lower at a CAGR of 9.1%. The number of paid music download users using their mobile devices will increase from 18.5 million in 2009 to 30.6 million in 2014.
Digital music retail revenues in Western Europe to increase to $4.8 billion by the end of 2014
We forecast that digital music retail revenues in Western Europe will increase from $1.3 billion in 2009 to $4.8 billion in 2014, for a CAGR of 31.4%. As broadband penetration becomes more ubiquitous and illegal file sharing becomes more difficult, revenues from online single download users will grow dramatically over the next several years. We expect that retail revenues from online paid download users will increase from $0.804 billion in 2009 to $3.1 billion in 2014.
Countries Covered in this Digital Music Forecast
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Ireland
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
United Kingdom
Rest of Western Europe
Series Covered for each Country and Region, 2008 – 2014F
Digital music download retail revenues ($ millions)
Online
Mobile
Subscriptions
Digital music download wholesale (record company) revenues ($ millions)
Online
Mobile
Subscriptions
Digital music download paid users (Thousands)
Online
Mobile
Subscriptions
Digital music download Average Revenue per User ($)
Online
Mobile
Subscriptions
To order this report:
Music Industry: Western Europe Digital Music Forecast for online, mobile, and subscription channels, 2010 – 2014: The German Digital Music Market will see Retail Revenues increase to $1.14 billion by the end of 2014
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Contact Nicolas Bombourg |
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Reportlinker |
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Email: [email protected] |
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US: (805)652-2626 |
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Intl: +1 805-652-2626 |
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SOURCE Reportlinker
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