In late May, Nielsen’s quarterly Three Screen Report stated that U.S. mobile video viewers grew to 13.4 million in Q1 of 2009. Now, new research from Pyramid Research predicts that worldwide mobile video subscribers will grow five-fold between 2008 and 2014, to surpass 534 million.
The report “Mobile Video Services: A Five-Year Global Market Forecast” analyzes the adoption and revenue opportunity for mobile video services, which include paid video clips, music videos, TV episodes, TV programming, and movies. Developments and opportunities related to 3G and 4G networks, mobile TV broadcasting, downloading, streaming, side-loading, content, data usage, smartphones, and other devices are also discussed.
Pyramid anticipates that the Asia Pacific market will lead mobile video growth, increasing to more than 281 million subscriptions by 2014, with dramatic uptake also occurring in India over the next five years. While Asia Pacific will lead among total subscribers, Pyramid predicts that the Latin American market will grow at an even faster pace, increasing at a CAGR of 39 percent from 2009 to 2014.
For more information see:
http://www.pyramidresearch.com/downloads.htm?id=1&sc=PR060409_VIDEO