5th June 2009
Paid mobile video services will see significant growth over the next few years, a new report has predicted.
Over 534 million mobile users will pay for video subscriptions by 2014, according to Pyramid Research.
It said that emerging markets will be responsible for a substantial portion of this growth and suggested that 8.5 per cent of all mobile subscriptions will be made up of video services by 2014.
This is compared with a figure of 2.5 per cent at present, Pyramid Research senior analyst and report author Derek Medlin stated.
He added: "To meet surging demand for video, mobile players are making network upgrades, reducing data charges, improving content and offering more advanced handsets."
Worldwide spending on mobile advertising will surpass the $5.7 billion (£3.5 billion) mark in the next five years, according to Juniper Research.
It said in a recent report that growth will be driven by the downturn forcing businesses to reduce costs by shifting to more below-the-line marketing channels.
Category: Internet Trends
Other Internet Trends Articles
Ten billionth tweet shows importance of Twitter to bespoke web development
Cassandra continues rise in popularity for web development
Social media growth important to bespoke web design
Sharing buttons could be key feature of bespoke website design
Web developers 'should consider combining web with mobile'
Top News Categories
Archives
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
Pure Innovation Ltd