MobileMonday Global

^{Mobile TV to grow fastest} Music still dominates mobile entertainment

Mobile TV revenues will grow by over 1000 percent in next five years, says Informa Telecoms & Media study. The mobile entertainment market will more than double reaching USD 38.1 billion in 2011 The mobile entertainment market was responsible for USD 18.8 billion in revenues worldwide in 2006. Music and images dominate the market accounting for 64 percent of revenues in 2006, according to Informa Telecoms & Media, publisher of the new report, “Mobile Entertainment”. But while mobile music will continue to grow, the market for wallpapers, avatars and other images will shrink. By 2011, images will have fallen to fourth place, behind mobile games and video. Mobile games and mobile video, which together represent only one-quarter of mobile entertainment revenues in 2006, will account for close to half of the mobile entertainment market’s growth over five years’ time.

Related News

• Mobile music market is about to explode (6 Dec 2006)
• MMS is finally gaining popularity (3 Dec 2006)
• Ericsson to enable Belgian mobile TV surfing (24 Nov 2006)
• Switzerland tests Mobile TV (30 Oct 2006)
• Mobile music revenues to reach USD 14 billion in 5 years (12 Aug 2006)
• Nokia to acquire Loudeye (9 Aug 2006)
• “Time for traditional copyright is past” (5 Mar 2006)
• Orange and Sony Ericsson announce music partnership (5 Mar 2006)

No comments