MultiMedia Intelligence reports that in 2007 more than a billion music phones was supplied worldwide. These researchers are impressive compared to the figure of 300 million which reflects the total sales of all the Walkmans in the world for the same period. Thus, the phone has now become the most popular musical device.
By 2011 more than half of the phones sold will be positioned as music cell phones. So, in a few years about a billion cell phones-Walkmans will be sold per year.
MultiMedia Intelligence also found that mobile music market (including ringtones, ringbacktones and the acquired music) will be assessed in $6 billion by the end of this year.
The research considered as a music phone the device which supports multiple audio codec (MP3, AAC, etc.) and embedded memory expansion.
