Prediction: Asia Will Be 40% of Global Music Market by 2011

Below are Hypebot’s prediction based on the arising global music market


-By 2011, the Asia Pacific region will represent 33% of the global music market, and 40% of global digital revenues.

-The Asia Pacific music market will grow from 9 billion dollars US to 10 billion dollars by 2011

-Physical sales will decline at a 9% compound annual rate

-Digital music will grow at 30%

-Asia constitutes 60% of the world’s mobile music market. That’s 3 times the size of the US with
Japan, China and S. Korea cornering 95% of the Asian market.

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