Visit Twellow.com

Mobile Video To Reach $17 Billion

The global market value for mobile video telephone services, including video mail, video calling and video sharing, will grow to more than $17 billion by 2012 from $1 billion in 2007, according to ABI Research's "Mobile Video Communication Services" study.

That is a combined annual growth rate of 74 percent.

"The Web 2.0 phenomena and sites that allow posting of mobile video will increase demand for mobile video services," said Dan Shey, a principal analyst at ABI.

"However, global demand inhibitors include income levels, messaging and video viewing alternatives, and handset capabilities."

ABI projects that industrialized regions of North America, Western Europe and Asia Pacific will account for 90 percent of the video services revenues.

Developing regions also have room for growth,

"The biggest opportunity for carriers in developing world countries is with video messaging services," Mr. Shey said.

"With more people migrating and immigrating to find work, video messaging can be the service that provides a rich form of communication for social and familial connectivity."

Digg This! StumbleUpon This!
AddThis Social Bookmark Widget

News Tags: Mobile Video, Video, mobile, Reach
About the author:
Mike is a staff writer for WebProNews.

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
5 + 10 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
Subscribe to WebProNews


Send me relevant info