Research conducted by Pyramid Research says that Mobile users are increasing and mobile phone services are expected to rise by five times to approximately 534 million by 2014.
It says that this increase is likely to be due to advancements in bandwidth, new services and hardware advancements. The inclusion of Mobile video which includes music clips, TV programmes, and online movies TV programming will also have an effect.
"The availability of improved devices and networks are contributing to a higher level of adoption and spending on mobile video services," says Derek Medlin, Senior Analyst at Pyramid Research and author of the report. "Pyramid Research believes that a substantial proportion of mobile Net additions in the next five years will come from emerging markets, especially in Asia/Pacific, and will drive a 37 percent growth in total mobile subscriptions from 2009 to 2014."
According to Pyramid Research, the income from mobile video services in the United States is likely to reach about $15 billions by 2014 but the Pyramid Research States that real demand will come from Europe and Asia/Pacific. Asian countries like Japan, Hong Kong, and South Korea are ranked top, while countries like India also perform well.
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