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Fun For Mobile Ringtone

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The Mobile phone Industry has evolved drastically over the past few years. When the first cell phones rolled into the market in the 1990s, nobody ever expected that those bulky boxes would develop into sleek, beautiful and powerful machines that could (aside from sending and receiving calls) take a picture, make a video, and sing. Initially a technological wonder to connect with people to a sophisticated device effectively a part of your personality! What brought about this change? And who does it really benefit?



The answer to the first question would be the outburst of the personalisation trend and the changing consumerist demands. Ringtone Industry is a humungous industry for the simple reason that it allows you to make your mobile sing your favourite song when someone remembers you. A mobile phone with its contents has the ability to make you laugh, cry, happy, sad, nostalgic and a lot more whenever you want it to. Although this wasn't the case a few years back.

So how did it all start? The Ringtone syndrome!! Free Ringtones are readily available on the web and this has led to an increase in personalisation. This desire to personalise mobile phones has established the present success of the mobile Industry. Today, when the marketing gurus see this impact of the Mobile industry on the masses, they take advantage of it. Many companies start to advertise their campaigns through mobile phones. Whether it is text messages to promote products and services or direct advertising through mobile music or ring tones, the rise in the number of mobile content providers reflects the success of many such advertising strategies.

The Music Industry also benefits significantly. Statistics prove that mobile music downloads is growing by over 50 per cent every year. Artists become famous in the process. Musicians supplement their incomes and record companies celebrate at the revenue source.

Mobile ringtones have in fact opened up a whole new revenue stream for record labels struggling with falling revenues and piracy. Many experts believe that in certain ringtone heavy markets, record labels will sign up artists with the objective of generating revenues only from mobile content. Other avenues would become secondary to it. The same holds true for the movie industry. Content like ringtones, wallpapers, ringback tones based on films is a huge draw and is today a large part of revenue forecast plans of movie studios.

The mobile content has also spurred a whole new content industry, several small and medium enterprises have been set up to develop content specifically for the mobile phone platform.

At the centre of this axis is the telecom carrier, who takes a significant share of revenue for each mobile content download. Telecom carriers too have set up separate mobile content / VAS divisions to harness the revenue potential of the medium.

The mobile ring tone industry has its own ecosystem, with each player drawing its share of revenue from every ring tone that gets downloaded by the user.
Fun For Mobile Ringtone
The mobile ringtones are creating mammoth revolution in the market, surpassing the music industry alone. The market for mp3 ringtones is globally expected to rise around USD 5.2 billion annually. Consumers worldwide are seeking towards digital entertainment on their mobile handsets. While the mobile music is on its peak, the growth of the music industry is unparalleled with new high end mechanisms and ritzier models getting launched on a regular basis.

The youth today is getting more fascinated by mobile music, ringtones as well as downloads. Teenagers aged between 12 to 25 years of age, who are obsessed with mp3 ringtones, are leading the industry earn greater amount of profits than ever before. More than half of the mp3 ringtones downloading is greatly contributed by the Hip Hop fraternity alone. Polyphonic ringtones can now be availed in different genres owing to the growing demand of consumers; Pop, Rock, Hip Hop and Bollywood, to name a few.

Ringtones were initially invented to serve as an alert for the mobile phone user to his incoming calls. Later when the rime progressed, these little odes have turned out to be more elaborative in the consumer market place. The technological advancements now allow the use of real music within mobile phones for ringtone purposes. The music entertainment industry is now not just limited to generating small ringtones for its consumers that the latter can now also use ones personal favorite music as ringtones. This has also given the music industry new commercial opportunities to expand its base.

Many a times, music and ringtone are interchangeably used with other. There has also been a sturdy increase witnessed in the sales of downloaded music over the recent past. The digital revolution enables consumers to download their favorite songs and set them as their mp3 ringtones, a major disappointment to the ringtone industry. This tightens the competitiveness between the two otherwise growing industries.

As per trade analysts, the Indian film industry (Bollywood) alone generated about USD 1 billion from ringtones downloads amounting to 1 million on an annual basis. The digital revolution has also brought in a clich? demand for ringtones through technologies like iPods, which can hold better amount of ringtones, longer tunes and DVD clarity. Many global companies such as Nokia, Motorola, Sony Ericsson and Samsung are also introducing handsets that feature FM radios, MP3 players and a good memory space to be more appealing to the consumers. While all this is putting the music industry at a loss, it is charging the consumer an expensive CD before he opts for a cheaper mp3 ringtone. Not just that, the music industry is also witnessing things done against the law, such as transfer of music via Bluetooth has reached thrice the amount mentioned in the law.

Globally, it is uncertain if the diminishing, conventional music distribution will be able to stay in this rapidly-moving digital world, growing by more than 50 percent annually, for a longer period. Sooner the music companies may acquire artists and film soundtracks for mobile downloads on 3G networks.
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