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Research and Markets: Western Europe Digital Music Forecast 2010-2014: German Digital Music Market Retail Revenues to Increase to $1.15Bn by the End of 2014.

DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/a3341a/western_europe_dig) has announced the addition of IE Market Research's new report "Western Europe Digital Music Forecast for online, mobile, and subscription channels 2010-2014" to their offering.

This "Digital Music Forecast of Western Europe" provides a comprehensive forecast of regional, and country-specific digital music market. We cover online, mobile, and subscription channels. The countries covered are Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom.

IE Market Research are estimating that the total number of paid users of digital music in Western Europe was 801 million in 2009, and this number is going to increase to 158.8 million by the end of 2014, for a Compound Annual Growth Rate (CAGR) of 15.5% (previously 11.7%).

In Western Europe where broadband penetration is high, the majority of digital music users download music online rather than through mobile networks. IE Market Research forecast that online paid download users will increase from 57.0 million in 2009 to 123.1 million in 2014 (CAGR of 14.1%, previously 12.7%). Growth of mobile download users will be lower at a CAGR of 13.8%. The number of paid music download users using their mobile devices will increase from 22.5 million in 2009 to 29.8 million in 2014.

IE Market Research forecast that digital music retail revenues in Western Europe will increase from $1.2 billion in 2009 to $4.6 billion in 2014, for a CAGR of 32.3%. 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. IE Market Research expect that retail revenues from online paid download users will increase from $0.806 billion in 2009 to $3.0 billion in 2014.

For each country and for the whole region, IE Market Research provide forecasts (2010 - 2014) 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.

This report will be useful to:

* Record companies, device manufacturers, mobile operators, handset vendors, software vendors, and internet service providers in need of strategy guidance on the global digital music industry

* Telecom strategists and analysts at vendors, operators, and consulting companies 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

Key Topics Covered:

* Series Covered for each Country and Region, 2008 - 2014F

* Digital music download retail revenues ($ millions)

* Digital music download wholesale (record company) revenues ($ millions)

* Digital music download paid users (Thousands)

* Digital music download Average Revenue per User ($)

For more information visit http://www.researchandmarkets.com/research/a3341a/western_europe_dig
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Comment:Research and Markets: Western Europe Digital Music Forecast 2010-2014: German Digital Music Market Retail Revenues to Increase to $1.15Bn by the End of 2014.
Publication:Business Wire
Geographic Code:4EUAU
Date:Oct 13, 2010
Words:582
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