Monday, April 03, 2006

Mobile Video Market Set for Growth

The nascent mobile video market is expected to grow by roughly eight times its 2005 revenue size the end of the decade. A JupiterResearch , "U.S. Wireless Forecast, 2005 to 2010," details projections.

Currently, about two percent of mobile phone users say they subscribe to a video service on their wireless plan. Seventeen percent have an interest in watching live TV content on their phones, and 11 percent would like to view short video clips on their handsets.

Adoption of mobile video phones has been low in the US, but it is believed that the longer term adoption will depend more on business models and content offerings than on the technology or devices. This will generate huge business growth and revenue in the video content creation market.

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