P2P worth $28bn over five years

The worldwide market for peer-to-peer and file-sharing services is expected to generate nearly $28 billion (E20bn) in revenue for carriers and ISPs over the next five years. An ever increasing number of cellular and wireline service providers are offering legitimate file-sharing and downloading services geared to the requirements of their end-users.

According to a new market research study from The Insight Research Corporation, peer-to-peer and file sharing services are widely available on fixed line and mobile networks. Carrier revenue from usage of peer-to-peer and file sharing services in Asia is nearly double North American revenue.

Insight Research’s market analysis study, entitled “Peer to Peer & File-Sharing Services Market 2007-2011”, notes that peer-to-peer and file sharing services are part of a worldwide push by carriers to create new IP-enabled services for consumers and business users. The study notes that consumers of mobile and fixed line telecommunications services are adopting peer-to-peer and file sharing services along with other IP-enabled services such as video telephony, fixed-mobile convergence, presence, streaming, and location-based services.

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