March 16th, 2005 by Arjan Olsder Posted in Research & Stats | No Comments »
Revenue from ring tones more than doubled in 2004 and will grow substantially during the next four years, market researcher Jupiter Media said on Tuesday.
Last year, ring tone revenue in the U.S. market was $217 million, up from $91 million in the previous year, the company said. And in 2009, revenue from ring tones will reach $724 million, the company projected.
The mobile-game market also experienced growth and is expected to stay healthy, according to the market researcher. Revenue for 2004 grew to $72 million, up 300 percent compared with the previous year. The research company expects game revenue to reach $430 million in 2009. More …
