Global Market for Mobile Video Services to Reach US$24.1 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Mobile Video Services markets. Global market for mobile video services is projected to reach US$24.1 billion by the year 2015. Factors likely to encourage market growth in next few years include availability of sophisticated handsets, emergence of next-generation networks, growth of mobile video advertising, and implementation of superior video codecs.

Mobile Video Services: A Global Strategic Business Report

Buoyed by the huge success received from both business users and consumers for voice and data communication over mobile devices, the use of mobile device is extending beyond conventional functions to novel concepts such as mobile video. Further, with Internet providing a large number of video services, and service providers increasingly willing to offer these services on mobile devices, video is rapidly making inroads into the mobile arena across the geographies. Availability of sophisticated devices and improved networks combined with the emergence of multimedia, as an indispensable form of entertainment, are encouraging increased spending on mobile video services and higher adoption rates. Live sporting events including soccer, motor sports, and cricket represent a major driver for the adoption of mobile video across various parts of the world.

Rise in the number of sites offering the commercial video content and growth in broadband connectivity is steering the demand for Internet video over mobile handsets. In addition, the huge growth in user-generated video (UGV) content significantly contributed to the popularity of Internet video. Given the fact that the demand for video-enabled mobile handsets is increasing at a healthy pace across the world, the prominence of mobile video is likely to improve further in the coming years.

In terms of revenues, Europe represents the largest market for mobile video services in the world, as stated by the new market research report on mobile video services. In terms of number of subscribers, Asia-Pacific represents the largest regional market for mobile video services. Rest of world comprising Canada, Latin America, the Middle East, and Africa, represents the fastest growing market in terms of revenues as well as number of subscribers.

Key players profiled in the report include AT&T Mobility LLC, Dialogic Corporation, Dilithium Inc., FunMobility Inc., Google Inc., GoTV Networks Inc., MobiTV Inc., Nokia Corporation, PacketVideo Corporation, Qualcomm Incorporated, QuickPlay Media, RealNetworks Inc., ROK Entertainment Group, Sprint Nextel Corporation, Verizon Wireless Inc., Vringo Inc., Vuclip and Yamgo.

The report titled “Mobile Video Services: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, market trends, product overview and recent industry activity. The study analyzes market data and analytics in terms of revenues as well as number of subscribers for mobile video services for regions including the US, Europe, Asia-Pacific and Rest of World. For the US market, the study analyzes market data and analytics in terms of revenues for segments - downloadable video services, streaming services, and multicast video services.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Mobile_Video_Services_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press@StrategyR.com
Web Site http://www.StrategyR.com/

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