The Blog for Video 2.0
Friday, July 6, 2007
The downloads are coming! iTunes now #3 Music retailer
According to a study from market research firm NPD Group, Apple Inc.’s iTunes Store has 9.8 percent of overall retail music sales, making it the third largest music retailer in the United States. Amazon.com and Target captured 6.7 percent and 6.6 percent of the market, respectively.
Apple's iTunes trails only Wal-Mart with 15.8% and Best Buy, which as 13.8%.
This is continued good news for the downloadable media market. Consumers have chosen convience, ease of use and quality provided by iTunes.
While the music download market grows in maturity, the movie downloads market continued steady growth through 2007 with sites like HungryFlix.com leading the way.
Apple's iTunes trails only Wal-Mart with 15.8% and Best Buy, which as 13.8%.
This is continued good news for the downloadable media market. Consumers have chosen convience, ease of use and quality provided by iTunes.
While the music download market grows in maturity, the movie downloads market continued steady growth through 2007 with sites like HungryFlix.com leading the way.
Labels: download, hungryflix, iTunes, music, music downloads, youtube
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