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Report: Mobile Video Market to Reach $500 Million by 2010

Authored by Mark Hefflinger on March 29, 2006 - 9:55am.
New York - JupiterResearch, a New York-based business and technology market research firm, on Tuesday said that a new survey it conducted shows that 41% of mobile phone users "are interested in some form of video service on their mobile phone." While adoption of mobile video on phones has been somewhat low to date -- only 2% of respondents said they subscribed to such a service -- 17% said they were interested in watching "live" TV on their cell phones and 11% indicated interest in short video clips. Based on its survey results, JupiterResearch predicts that demand for video on mobile phones will generate $501 million in revenues by 2010, up from $62 million in 2005.
tags: Report | 20%% | Reach | Mobile Video Market | $500 Million |