Report: Mobile music to reach $13B by 2011

Informa Telecoms & Media says the global mobile music market will reach $13 billion by 2011. Ringtones and ringback tones will drive the majority of this growth, with full-track downloads slowly playing a larger role. As noted in past articles, Asia will be the top consumer of these services, which makes up 56 percent of the market today.

And people, please stop saying mobile is an iPod killer. There is no iPod killer, just an expansion of the marketplace. To whit: "It is absolutely imperative that the industry understands that mobile music is not going to replace the iPod in the same way that the iPod is not going to prevent growth of mobile music," says Informa analyst Nicky Walton.

Check out more data:
- in the DigiTimes article