Skip to main content

Digital Music Purchase Type Vary by Region

Digital music sales almost tripled around the world last year, reaching $1.1 billion in value, but that growth could not prevent a 3 percent drop in overall global sales to $21 billion, according to record industry figures.

Digital sales were reported officially for the first time in the International Federation of the Phonographic Industry's (IFPI) annual world sales figures, released Friday, which showed an almost even split between online and mobile phone customers along distinct regional lines.

Mobile device-related sales led the way in Japan and certain territories in continental Europe, while the U.S., U.K. and Germany leaned toward online home purchasing, the IFPI report said.

Popular posts from this blog

The AI Application Integration Challenge

Artificial intelligence (AI) has rapidly become the defining force in business technology development, but integrating AI into applications remains a formidable challenge. According to a recent Gartner survey, 77 percent of engineering leaders identify AI integration in apps as a major hurdle for their organizations. As demand for AI-powered solutions accelerates across every industry, understanding the tools, the barriers, and the opportunities is essential for business and technology leaders seeking to evolve. The Gartner survey highlights a key trend: while AI’s potential is widely recognized, the path to useful integration is anything but straightforward. IT leaders cite complexities in embedding AI models into existing software, managing data pipelines, ensuring security, and maintaining compliance as persistent obstacles. These challenges are compounded by a shortage of skilled AI engineers and the rapid evolution of AI technologies, which can outpace organizational readiness and...
Read more