Fonebank –Mobile phone recycling company
Fonebanker – Get Cash for selling mobile phone
Cart: 0 item(s) Your Account
News Categories
News Archive
'Booming music industry' could lead to more mobile phone recycling
(24/02/2011 12:35:10)

More people could be looking to recycle mobile phones over the next four years in a bid to secure upgraded handsets that are proficient in playing music.

According to a new study by Juniper Research, the mobile music industry is set to be worth $5.5 billion (£3.4 billion) every year by 2015.

This would mark a significant rise in revenue, as last year, $3.1 billion was accrued through mobile music sales.

Devices such as Apple's iPhone have become synonymous with streaming music thanks to its iTunes store, while many other new gadgets are also proving popular among music lovers.

Technological advances that make songs increasingly easy to download through smartphones could lead to an increase in the number of people looking to sell old mobile phones.

However, one major obstacle that the mobile music industry is finding difficult to overcome is the existence of piracy.

Juniper Research bosses believe that the emergence of file sharing websites, which allow users to trade tracks for free, has had an adverse effect on the music business.

Indeed, the company noted that sales have been "in freefall" since such sites became mainstream.

Spokesperson Daniel Ashdown believes that the convenience of smartphones could boost the industry's fortunes though, as mobile phones begin to replace MP3 players.

"The development of mobile devices has now reached the point where they match the technical specs of dedicated MP3 players," he remarked.

"Add in connectivity - just one click to buy and download - along with all the other smartphone features, and there is no competition between the two."

Results of the research will come as no surprise to executive editor of telecoms news website Mobile Entertainment Tim Green, who recently suggested that the mobile phone and music industry enjoyed a thriving relationship.

He also pointed out that it was important that producers attempted to change the attitudes of consumers by encouraging more people to download tunes directly from the internet on to mobile phones, rather than a PC.

<< go back to news stories
Need Help? Call on 020 7404 6440 or email
Leave Feedback 
Follow Us : 
Company Mobile Phones
Handset Terms and Conditions
Free Collection for 5 Mobiles+
How To Post
Data Removal
About Us
Buy Mobile Phones
iCloud Activation Lock Info
Full Terms and Conditions
Competition Terms & Conditions
Privacy Policy


follow us on facebook follow us on twitter find us on youtube
For all questions about orders or general enquiries please contact:


+44 (0)20 7404 6440

Office Hours:
9.30am-5.30pm GMT
countries we operate in
COOKIES: Our site uses cookies. To find out what cookies we use and why we use them click here. If you carry on using our site we will assume you consent to us using cookies in this way.