Recession will cut mobile entertainment growth in half
Posted on: April 10, 2009 – Filed under: Lisbon
Unless key markets emerge from recession, user spending on mobile entertainment services will slow dramatically, increasing by nearly $13 billion over the next five years according to a forecast issued by market analysis firm Juniper Research, which previously predicted pre-downturn growth of $26 billion.
Other findings from the report include:
• Mobile TV is likely to be the most severely impact sector of mobile entertainment, followed by music and user-generated content
• The Far East & China region will generate the largest share of entertainment revenues
Whitepapers and further details of the study Mobile Entertainment in a Recession: Scenarios, Markets & Forecasts 2009-2013 can be freely downloaded from www.juniperresearch.com