June 5, 2009

Mobile video market to grow five-fold by 2014

C-Net News reports that mobile video and TV services subscribers are expected to grow to 534 million by 2014. This information comes from a report issued by Pyramid Research. The predicted growth is attributed to increased bandwidth, lower data costs and more advanced handheld devices.

While much of the demand will stem from Europe and Asia, Pyramid estimates that the U.S. will earn $16 billion by 2014 from mobile video.

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