$10bn mobile video messaging by 2012
December 14, 2007
Mobile video messaging services are at the centre of the technology convergence that is helping mobile customers realise greater levels of self-expression and online community participation. According to principal analyst Dan Shey of ABI Research, "Mobile video messaging is perfectly positioned to take advantage of the convergence of increased mobile device capabilities and consumers’ desire for broader communication options beyond voice. In fact, we expect the opportunity for mobile video services to produce a compound annual growth rate of nearly 60 per cent, amounting to $10 billion in 2012."