According to In-Stat/MDR a high-tech market research firm the digital audio industry has heavily evolved because of new products, services and memory choises.
More and more people are buying digital audio devices, such as Apple's iPod to enjoy their music and devices like this get more and more storage, making them more and more convinient. Also the low costs of CD-R media is an important issue:
Though the digital audio market has grown from a fledgling niche market, the industry will still experience significant hurdles in the coming year or two. Subscription services and anti-piracy technologies will need to address issues from a consumer, manufacturer, and record label perspective. |
Legal issues affecting the worldwide music industry will also have an effect on the industry. Though the recording industry finally seems committed to establishing a viable online distribution model. The labels will be in a much better position to understand how to structure their services to entice customers in another 12 to 18 months.
In-Stat/MDR has also found that:
Source: Mi2N.com
