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Total digital music download users in Asia Pacific to reach 878.9 million by the end of 2013, according to new market research report by IE Market Research Corporation
(M2 PressWIRE Via Acquire Media NewsEdge) Vancouver -- IE Market Research Corporation (IEMR), the Canadian-based provider of market intelligence services, announced today the release of its Asia Pacific Digital Music Forecast for online, mobile, and subscription channels, 2009 - 2013.
"Although the recent worldwide recession will slow growth in paid digital music users in the short term, we expect that volumes will pick up noticeably in the end of 2010 - 2011 as the economy recovers. IEMR estimates that the number of paid users in the Asia Pacific region will increase from 320.7 million in 2008 to 878.9 million in 2013, for a Compound Annual Growth Rate (CAGR) of 18.7%," said Nizar Assanie, Vice President (Research) at IEMR. "The largest market in the Asia-Pacific region is China. We forecast that the number of digital music paid download users in China will increase from 106.4 million in 2008 to 296.6 million in 2013, for a CAGR of 19.4%. However, the market that enjoys the highest growth will be India where we expect that the number of paid users will increase from 56.6 million in 2008 to 213.4 million in 2013, for a CAGR of 50.0%. The majority of these users will be downloading digital music to their mobile phones rather than to their computers."
"In contrast to China and India, the majority of digital music download users in Australia and New Zealand will be online users, not mobile users. This result is consistent with high levels of broadband penetration in Australia and New Zealand. In Australia, 6.26 million out of 8.66 million digital music paid download users will be online users in 2013 (72.3%). This is in vivid contrast with China where, in 2013, only 18.9 million users out of 296.6 million digital music paid users (6.4%) will online users. Somewhere in-between these two countries will be Japan where 43.4 million users out of 101.8 million total users (42.6%) will be online users in 2013," said Mr. Assanie.
In terms of revenues, we expect that digital music download retail revenues will increase from $1.91 billion in 2008 to $6.43 billion in 2013, for a CAGR of 62.6%. In the Asia Pacific region, most of the retail revenues come from mobile broadband music download. Digital music retail revenues from the mobile channel will increase from $1.53 billion in 2008 to $4.48 billion in 2013, for a CAGR of 35.3%. On the other hand, retails revenues from online download (over the fixed network) will increase from $0.25 billion to $1.28 billion over the forecast period, 2008 - 2013.
This Digital Music Forecast of Asia Pacific provides a comprehensive forecast of regional, and country-specific digital music market. We cover online, mobile, and subscription channels. The countries/areas covered in this forecast are Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam, and the rest of Asia Pacific (which includes American Samoa, Brunei, Cambodia, Fiji, Guam, North Korea, Laos, Marshall Islands, Myanmar, Micronesia, Nauru, New Caledonia, Northern Marianas Islands, Palau, Papua New Guinea, Polynesia (French), Samoa, Solomon Islands, Tuvalu, and Vanuatu).
For each country and for the whole region, we provide forecasts (2009 - 2013) for the following series: Digital music download retail revenues ($ millions), Digital music download wholesale (record company) revenues ($ millions), Digital music download paid users (Thousands), and Digital music download Average Revenue per User ($). This forecast is considered one of the most comprehensive forecasts of the digital music industry.
In addition to the data series, IEMR's Digital Music Forecast provides valuable insights into the fast-changing digital music markets around the world. This report will be useful to:
* Record companies, device manufacturers, mobile operators, handset vendors, software vendors, and internet service providers in need of strategy recommendations in the digital music industry
* Telecom strategists and analysts at vendors and operators responsible for strategy development and business analytics
* Financial analysts and portfolio managers covering firms in the digital music industry
* Consultants advising their clients on international digital music markets
* Researchers who need to gain a better understanding of the digital music market
To purchase this report, visit our website at: http://www.iemarketresearch.com/Members/Reports/ViewReportDetail.aspx?RID=791&flag=1
Countries Covered in this regional forecast
Australia
China
Hong Kong
India
Indonesia
Japan
Malaysia
New Zealand
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Rest of Asia-Pacific
Series Covered for each Country and Region, 2008 - 2013
Digital music download retail revenues ($ 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
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