Global Mobile Entertainment Market Revenues to rise to $53.9 billion in 2016, a CAGR of 6.3%, according to new research report by IE Market Research Corporation
Vancouver, January 25, 2012 – IE Market Research Corporation (IEMR), the global provider of market intelligence services in the telecoms space, announced today the release of its 4Q.2011 Global Mobile Entertainment Forecast, 2008 - 2016. IEMR’s forecast provides our quantitative forecasts for Mobile Music, Mobile Gaming, Mobile Personalisation, Mobile TV, and other premium content. Our covers 50+ countries and regions and is based on interviews with approximately 50,000 consumers globally. As such, it is one of the most comprehensive forecasts of its kind in the world.
“We think that the global mobile entertainment market will see significant growth over the next five years. Globally, we are expecting mobile entertainment revenue to rise from $39.6 billion in 2011 to $53.9 billion in 2016. Compound Annual Growth Rate (CAGR) from 2012 to 2016 will be 6.3%,” said Nizar Assanie, Vice President (Research) at IEMR. “Among different categories of mobile entertainment, we expect that Mobile Music will see the biggest growth in revenues over the next five years. We forecast that global mobile music revenues will increase from $9 billion in 2011 to $18 billion in 2016.”
India continues to be the fastest-growing market in our coverage list. Mr. Assanie said, “India’s mobile entertainment market is teeming with publishers, distributors, operator competition and relatively less stringent broadcasting regulations. All segments are very active in the India market with operators and service providers eager to provide value added services across the mobile multimedia value chain in India.” IEMR forecasts that total revenue in India’s mobile entertainment market will rise to $1.79 billion in 2016, significantly up from $670 million in 2011 (CAGR of 18.2% from 2012 - 2016).
To the comprehensive dataset, we are adding a PowerPoint presentation which provides our clients with an overview of key trends in the global mobile entertainment market.
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Ms. Sue Mcbride
IE Market Research
Tel: +1 604 327 4367