Skip to main content

Global Mobile Games, Music & TV Forecast

Mobile games, music and TV & video will be worth a total of $25.9 billion by 2011, according to forecasts from Informa Telecoms & Media released at the Mobile Entertainment Market (MEM) 2006 conference & exhibition at the Business Design centre, London.

The growth in mobile content services will be driven by music in 2006, which will be worth $7.4 billion rising to $13.6 billion by 2011. Games continues to grow despite fears the market was stagnating and is expected to generate $2.4 billion this year, and rising to $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 $1.2 billion to total global mobile entertainment revenues this year, with $300 million mobile TV & video revenues generated from the World Cup alone.

Popular posts from this blog

Banking as a Service Gains New Momentum

The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without
Read more