Mobile Video Services Worth $17 Billion By 2012: Report

By James Quintana Pearce

ABI Research has predicted that the global market value for mobile video services including video mail, video calling, and video sharing services, will grow from $1 billion in 2007 to over $17 billion by 2012. This represents a compound average growth rate of 74 percent. That's a pretty good figure (although I'm not sure if it includes pure content services), but it's a lot less that ABI was quoted as predicting two years ago when the figure given was “250 million people are expected to be watching mobile video by 2010, generating some $27 billion in sales”. Interestingly, if you do an unsophisticated calculation of multiplying the $17 billion figure given by 74 percent you get about $27 billion for the year 2013. Anyway, hopefully it indicates some of the hype is going out of the market and the predictions are coming down to reasonable levels.

According to ABI, the industrialized regions of North America, Western Europe and Asia Pacific will command 90 percent of the video services revenues. (release)

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