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Report: Music Downloads to Hit $4.2 Billion in Western Europe by 2009

Authored by Mark Hefflinger on August 31, 2004 - 10:00am.
Cambridge, Mass. -- The digital music market in Western Europe will grow to $4.2 billion in 2009, gradually catching up with U.S. sales after the launch of services from Apple, Sony, Napster and Microsoft in the region, according to a report from Massachusetts-based market research firm Forrester Research. Over 60% of European downloads will be generated in Britain, France and Germany in 2009, Forrester projected, with Spain and Italy growing to account for an additional 20% of the market. The report also found that half of the current market for digital music sales is generated by consumers aged 16-24, but predicts that older users will increasingly access such services as they become more easy to use.
tags: Downloads | Reports | Musics | Western Europe |