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Global Market for Mobile Video Services to Reach US$30 Billion by 2017, According to New Report by Global Industry Analysts, Inc.

San Jose, CA (PRWEB) November 09, 2011

Follow us on LinkedIn – Entertainment services over mobile devices potentially generate several billions of dollars for service providers, worldwide. Despite the fact that ringback tones and ringtones continue to be substantial revenue generators for mobile service providers, other services such as gaming, full-track music, video and TV services are emerging as lucrative market segments. Buoyed by the huge demand for data communications from mobile users in both business and consumer markets, content providers, right from independent content developers to large-scale movie studios are beginning to develop applications, music, games movies and videos especially for mobile devices. Not surprisingly the use of mobile devices is extending beyond the traditional communication functions to embrace novel concepts such as mobile videos, and games. Mobile video segment especially is gaining tremendous popularity over the last few years. Despite being a small market, mobile video services continues to grow, with video-on-demand, video telephony and video messaging capturing a significant share of the markets revenue. With Internet providing a large number of video services, and service providers increasingly willing to offer these services on mobile devices, video is rapidly making inroads into the mobile arena across the geographies.

The impact of the 2007-2009 recession, in retrospect, reveals a market that has withstood the recessionary pressures largely as a result of the continued growth in sales of mobile video capable smartphones and increase in the number of phones supporting 3G and other faster networks based on High Speed Packet Access (HSPA). Consumer interest on downloading and streaming mobile video and mobile TV content remained largely unchanged during the recession period, proving that quality entertainment was left uncompromised even amidst tight economic conditions.

Consumer spending on choicest of mobile videos largely remained intact despite the witnessed reduction in household wealth, low consumer confidence, reduced discretionary spending, and lower new application development efforts. In other words, served right on to consumer handsets, mobile video services allow users to cut down traveling expenses and provide an alternative to other expensive entertainment options, such as, public movie screenings and live sports action and therefore are best for entertainment in a weak economy. Continued interest shown by wireless carriers on data centric services, particularly for utilizing their networks optimally and improving their ARPU by offering value added content to cost conscious customers, also boosted prospects for mobile video services market during the period, as the same resulted in increased promotional activity and more attractive pricing options for mobile TV and video services. With mobile users graduating towards a richer, and more sophisticated mobile experience, the market for video delivery has and will continue to remain opportunity-rich, and dynamic.

Growth in the market, although stabilizing, will nevertheless be driven by introduction of novel video services, particularly the highly popular content on YouTube and growing adoption of live TV services such as live news, weather forecasts and music programs. Improvements in quality of content, content protection and delivery frameworks are expected to boost market prospects for mobile video services over the next few years. Increased use of mobile videos by companies as a platform to advertise their products and services augur well for the market. Widespread availability of sophisticated mobile devices supporting mobile video downloads and streaming and ongoing deployment of advanced mobile networks will also boost the adoption and consumer spending on various mobile video services.

Introduction of economical and flexible data plans by service providers will attract many new users to the market, thereby increasing revenue making opportunities. Widespread deployment and availability of 3G mobile network infrastructures across the world will continue to drive adoption of video services over mobile. With mobile network operators making active efforts to move towards 4G technology, which promise faster connectivity, higher bandwidth and superior capabilities and enable the service providers to offer a range of video services to mobile users, the popularity of mobile video services is expected to increase further.

As stated by the new market research report on Mobile Video Services, Asia-Pacific represents the largest regional market worldwide. Asia-Pacific is also the largest regional market for mobile video services in terms of subscription. Rapid proliferation of 3G enabled handsets, introduction of 3G services in major nations such as China, and India and growing popularity of mobile video services such as mobile video sharing, mobile video communication and mobile TV are primary factors driving accelerated adoption of mobile video services in these markets. Streaming Services represent the largest service segment in the US mobile video services market. Growth in the market is particularly driven by increased advertising of subscription-based streaming video services in the nation. Multicast Video Services market represent the fastest growing service segment in the US mobile video services market with revenue waxing at a CAGR of about 38.7% over the analysis period.

Major players in the marketplace include AT&T, Dialogic Corporation, Dilithium, Google Inc., MobiTV Inc., Nokia Corporation, PacketVideo Corporation, Phunware Inc., Qualcomm Incorporated, QuickPlay Media, RealNetworks Inc., ROK Broadcasting Corporation Limited, Sprint, Verizon Wireless Inc., Vuclip, and Yamgo.

The research report titled Mobile Video Services: A Global Strategic Business Report announced by Global Industry Analysts, Inc., provides a comprehensive review of current market trends, key growth drivers, recent industry activity, and profiles major companies worldwide. The report provides market estimates and projections for mobile video services across all major geographic markets, including the US, Europe, Asia-Pacific and Rest of World. The study analyzes the US market in terms of revenues for segments – Downloadable Video Services, and Multicast Video Services.

For more details about this comprehensive market research report, please visit http://www.strategyr.com/Mobile_Video_Services_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

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Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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WatchMojo Use Catalog 7000 Premium Video for cross 700 million hits, as the Internet becomes increasingly global and mobile

Montreal, Canada (PRWEB) 31 October 2011

If its true that the number 7 is really happy, its worth noting that the world is celebrating the arrival of the seven billionth resident in October 2011 online video producer WatchMojo earned its position 700,000,000th Just like 7000 you video was released, and the time to start his seventh The work in 2012.

honor for 7000 went to th video clip that profiled some of the candidates will be contacted as follows Talisman in the tech world after the death of mercurial Apple co-founder Steve Jobs earlier in the month. WatchMojo programming ranging from business to entertainment and lifestyle.

When former Morgan Stanley banker and current Kleiner Perkins venture capitalist Mary Meeker her State Tech presentations at this year’s Web 2.0 conference, the results are clear: The Internet is a growing global reach and on the cellular scale.

theory is proven comScores August 2011 Update: According to them, the U.S. is now only 19 percent of Internet users at the top global Internet properties. Appropriately, WatchMojo has spent the past year, duplicating the success he had in the U.S. market on a global level.

For example: the company has begun to translate its contents from English into French for the partnership with Bell Sympatico media units in Canada. That content is now being distributed in French-speaking world. The following are the Spanish and Portuguese, with plans for German and Mandarin around the corner in 2012.

In addition, with the fastest growing mobile platform ever, WatchMojo has undertaken several initiatives to potential viewers on-the-go. Company directory 7000 video is converted into HTML5 video so that users on the property WatchMojo.com internet can access the entire library to iPhone and iPads. In the meantime, in partnership with the mobile aggregator, that is reaching more consumers in China than it was even in the United States. India completes the top three countries WatchMojo achieved on mobile devices.

Furthermore, out-of-home is becoming an increasingly important platform WatchMojo expanded range now signing distribution deals with numerous out-of-home networks to global customers in a cabin in India and Spain (except the U.S.).

Last but not least, the company has added a plethora of academic publishers as well as licensees and reaching students around the world who use WatchMojos video content for learning English.

world is a much different place than it was today, when we started WatchMojo in 2006. We are predicting more change in the next few years, with an emphasis on global audiences and new platforms. Thanks to our evergreen content, they are well positioned to benefit from these changes, the tides, explains CEO Ashkan Karbasfrooshan.

About WatchMojo

WatchMojo helps you become more successful by covering people, places and things that inform and entertain you socially, personally and professionally.

Supplying the world’s largest media properties, WatchMojo is a leading manufacturer of professionally produced, ad-friendly, premium videos covering Automotive, Business, Comedy, Education, fashion, film, food, health and fitness, history, how, Lifestyle, Music, Politics , Science, Space, Sports, urban life, technology, travel and video games.

7000 video catalog company generated 700 million video views since 2006.

Marketing Magazine WatchMojo chosen as one of Canadas Digital Media Companies to watch in September 2011 issue.

Learn more about http://www.WatchMojo.com.

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