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Mobile
Music, TV and Games to Drive Mobile Entertainment Boom |
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26th
May , 2006 |
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The growth in mobile content services will be driven by music in 2006, which will be worth US$7.4 billion rising to US$13.6 billion by 2011. Games continues to grow despite fears the market was stagnating and is expected to generate US$2.4 billion this year, and rising to US$7.2 billion in 2011. Mobile TV will make its mass-market entrance in conjunction with this year's soccer World Cup in Germany next month. Informa forecasts mobile TV & video contributing US$1.2 billion to total global mobile entertainment revenues this year, with US$300 million mobile TV & video revenues generated from the World Cup alone. "Our forecasts reveal sustained growth of mobile music and games and that the mobile entertainment market is in good health and expanding," says Nick Lane, Principal Analyst at Informa Telecoms & Media. "Mobile music is driving the uptake of content revenues in 2006, and will continue to do so for several years." "There is no better
place on earth at present for the mobile industry to showcase its
progress and continued development than this summer when the world
will turn its attention to the World Cup. With 3G handsets penetrating
the mass market, and operators and content providers alike jumping
on the football bandwagon, we forecast Mobile TV to generate US$300
million in revenue in the build-up and duration of the World Cup,"
Lane continues. "For such an early market, this is significant
as mobile TV has the opportunity to capture the imagination of the
mobile consumer and become the platform to drive consumers to other
forms of mobile entertainment". |
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