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Mobile music to hit $5.5bn by 2015

Tim Green
Mobile music to hit $5.5bn by 2015

Another bullish forecast from Juniper.

The market watcher says music consumed on mobile handsets will generate shoot up from $3.1 billion from 2010, and could actually prop up an industry battered by ten years of online piracy.

This is why the report warns that the corrosive effect of piracy still remains  – both online and on the mobile.

Indeed, Juniper says P2P file sharing is slowly migrating to the mobile, and cites the existence of BitTorrent on Android Market as a factor for concern.

The roll-out of LTE and other high speed networks will only accelerate the danger.

Report author Daniel Ashdown said: "Initially, PC downloading and sideloading to MP3 players was the only way to go; but the development of mobile devices has now reached the point where they match the technical specs of dedicated MP3 players.

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"Add in connectivity - just one click to buy and download - along with all the other smartphone features, and there is no competition between the two. This is why sales of Apple's iPhone are going to outstrip its iPod in the not too distant future."

Tags: Music , juniper research , piracy , Market Data

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