Report: Mobile Gaming, Music and TV To Hit $52 Billion by 2015
Mobile entertainment sector which includes mobile gaming, mobile music and mobile TV is estimated to grow at a compound rate of 9.5 percent per annum. With such astounding growth rate, the sector is expected to reach $52.8 billion mark by 2015, up from $32.9 billion in 2009, according to a report from IE Market Research Corp.
Mobile entertainment sector which includes mobile gaming, mobile music and mobile TV is estimated to grow at a compound rate of 9.5 percent per annum. With such astounding growth rate, the sector is expected to reach $52.8 billion mark by 2015, up from $32.9 billion in 2009, according to a report from IE Market Research Corp.
Among the different mobile entertainment segments, Mobile TV would witness the most significant growth in terms of revenues over the next five years.
According to the report, US has become a hot spot for innovation in the mobile sector thanks to the launch of 4G networks, which triggered improvements in both the network and application segments.
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