Digital Music Sales Expected To Capture 40% Share By 2012

By Wolfgang Gruener, published on April 9, 2008 at 2:10 PM
Source: Tom's Guide US | Keywords: , , | Themes: The Internet, Digital Entertainment
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In-Stat believes that four out of ten music track sales will be digital by 2012. The market research firm said that digital music sales reach a share of 10% on a global basis in 2007, up from 6% in 2006. Factors contributing to this growth include the global expansion of broadband, continued demand for single-track downloads, and expanding music catalogues, according to In-Stat.

Recent reports indicated that digital music sales in the U.S. currently hold a 29.1% market share.

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