Despite the difficulties faced to date, the timing is ripe for Mobile video services to take off in certain Asia/Pacific markets due to the enhanced capability of the networks, increasing popularity and affordability of smartphones, and improvements in the mobile video business, according to a report from Pyramid Research
Pyramid Research estimates there will be 59 million mobile video users in Asia/Pacific by year-end 2010. Over the next five years, this user base will increase, at a CAGR of 23 percent, to reach over 250 million subscribers and will generate a cumulative $31 billion from mobile video services in Asia/Pacific