Nokia expects digital music to reach 50% by 2010

The production value of digital music is likely to grow sharply, to account for half of the world's entire music market in 2010 if Nokia's recently launched 'Comes With Music' business mode proves successful, representatives from Nokia said recently at a presentation event in Singapore.

Citing internal estimates, the production value of digital music accounted for a mere 2% of the world's entire music market in 2004. The ratio is expected to expand sharply to 20% worldwide and even 30% in Asia, in 2008, the sources indicated.

View: The full story @ DigiTimes

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