Jan 10, 2007 • 1 min read

Jupiter Research predicts continued digital music boom

Jupiter Research forecasts US digital music spending will reach $2.5 billion by 2011, with 16% annual growth, though not fully offsetting CD decline.

Consumer spending on digital music in the US alone will reach $2.5 billion by 2011, or at least that's what Jupiter Research reckon. They are predicted a 16% compounded annual growth in the digital sector over the next five years - and 32% growth in the subscription based download market. Which is all good and groovy, though Jupiter add that they don't expect digital sales to fully compensate for the continuing decline in CD sales expected in the next five years, which is less groovy I guess.

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