Technology | Media | Telecommunications

Wednesday, December 10, 2008

Mobile Phone Messaging $130B Windfall

According to Portio Research, worldwide mobile messaging is a $130 billion industry in 2008, and their forecasts show that value rising to reach $224 billion by the end of 2013.

SMS still totally dominates the mobile messaging mix. Their report describes where messaging services reside within the total mobile service revenues.

Portio forecasts that even in 2013, messaging will still account for approximately 60 percent of all non-voice service revenues worldwide, and within that SMS text messages will account for some 55 percent of all messaging revenues.

With mobile data revenues expected to account for between 25 and 30 percent of total mobile operator service revenues worldwide by 2013, that means that messaging will account for approximately 17 percent of total operator service revenues by 2013.

SMS text messaging will be responsible for approximately 9 percent of total operator service revenues in 2013.

Across the planet, everywhere from The Philippines to Croatia, SMS is booming, with forecasts predicting aggressive growth ahead for the next 6 years.

Portio's report looks in detail at the massive opportunities that lie ahead as worldwide mobile messaging markets continue to rise in value by a staggering $20 billion per year for the next 5 years.

Their mobile messaging market study offers extensive forecast data, messaging market sizing for 2007 and 2008 and forecasts for growth through 2013.