[Carl Olav-Scheible] PayPal and Datamonitor have produced “The PayPal Digital Content Report”. It predicts pending on downloads will reach £1.7 billion in next five years; music downloads to grow ten-fold by 2010 and will account for 15% of all sales. Spending on internet and mobile phone downloads and online gaming could account for as much as 10% of all online retail spending in the UK by 2010. The biggest growth areas for digital downloads are the mobile and music industries, which will account for 89% of all consumer spending on digital content. However, by 2010, film downloads and online gaming will have become substantial markets and the e-book sector is also expected to be showing early signs of development.
Technorati Tags: internet, mobile, payments, predictions
These are the personal opinions of Consult Hyperion and its guests and should not be misunderstood as representing the opinion of its clients or suppliers. To discuss how any of the technologies discussed in this post can benefit your business, please contact Consult Hyperion.
