Mobile video services revenue is expected to exceed $2 billion globally in 2013, according to data from ABI Research.
"Video services revenue will only amount to about $121 million this year," says senior analyst Mark Beccue."But the growth curve is very steep indeed and will only continue to accelerate through the end of our forecast period in 2015."
Video services are defined as video telephony such as iPhone 4's FaceTime, video messaging, video sharing, video-on-demand, VoD downloads and other video services.
ABI further forecasts that video sharing will be but a small portion of revenue while video telephony, video messaging and video-on-demand will account for the bulk of revenues.
For more:
- see this PC World article
Related articles:
Mobile video traffic: Alleviating the capacity crunch
Mobile video: A killer app or a network killer?
AT&T's Rinne campaigns for spectrally efficient mobile video