Jupiter Research today announced that it forecasts U.S. shipments of MP3 players will almost double in 2003 to over 3.5 million, and will continue to grow almost 50% per year for the next three years. “By 2006, the installed base of MP3 players will top 26 million, establishing a critical mass of users that will help spur digital music sales,” notes the firm.
Read MoreDue to “overall music industry doldrums and lackluster digital offerings,” Jupiter Research said today that it has cut the online music forecast it released earlier this year. However, online music will grow from less than US$1 billion in 2003 to $3.3 billion in 2008, according to the firm.
Read MorePeter Lowe, Apple’s director of marketing for applications and services, will be a keynote speaker at this year’s Jupiter Plug.IN Conference & Expo. “The digital music business event” will be held July 28-29 at the Crowne Plaza Hotel in New York City. “Now in its 8th year, Jupiter Plug.IN Conference & Expo enjoys a prestigious reputation among music industry leaders.
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