The Latest Numbers on Mobile Media

According to iSuppli Corp, worldwide mobile content revenues are expected to surpass $44 billion in 2011, more than double the expected $20 billion in revenues generated this year. The growth will be driven largely by the demand for mobile video.

Not only that, but mobile media continues to be a lone bright spot for carriers. As Mark Kirstein, VP at the company, put it, “data and content revenues are the life preservers to which wireless operators are clinging, as voice average revenue per user declines accelerated during the quarter” for the 20 key operators tracked by iSuppli.

The company also found that Universal Music Group continues to hold the largest share of mobile music content revenue among the major record labels.

Mobile content to hit $44B by 2011 [RCR Wireless News]