Pyramid Research forecasts more than 534 million mobile video subscriptions will generate $16 billion in revenues worldwide in 2014, according to an article in Unstrung.
Those subscriptions in 2014 will be 8.5 percent of all cellular subscriptions, an increase from 2.5 percent today, the firm says. The compound annual growth rate will be 28 percent for the five years through 2014.
Pyramid’s report, “Mobile Video Services: A Five-Year Global Forecast,” says growth will be driven by the increase of total cellular subscribers — 37 percent to more than 6.2 billion — from now to 2014, plus faster cellular networks. More people using faster networks — that’s not news.
Asia/Pacific will be one of the key areas for mobile video growth. The region will represent 50 percent of mobile video subscribers in 2014, an increase from 44 percent currently.
3G subscribers increase
Pyramid says that at the end of 2008, 37 percent of cellular subscribers in North America and 29 percent in Western Europe were connected to a 3G network. By 2014, more than 50 percent of subscribers in Latin America, Central Europe and Eastern Europe will be connected to 3G, a significant increase compared to the five percent on 3G at the end of 2008.
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