The mobile Web 2.0 global market will be worth $22.4bn (£11.5bn) by 2013, spearheaded by the rise in user-generated content (UGC) and social networks.
Over the next five years, the revenues will rapidly grow from their current value of $5.5bn, according to analyst Juniper Research. Income from UGC and networking sites will swell from $1.8bn to $11.2bn, accounting for roughly half the international market.
The consumer appeal of having mobile access to social sites will create vast business opportunities, said Juniper analyst Ian Chard.
“The phone is carried with us most of the time and contains a huge amount of personal data, making it a logical extension for the social network and a host of other collaborative Web 2.0 applications being mobilised.”
Service revenues will form the backbone of the sector's revenues, according to Juniper Research, but mobile advertising will also be a strong growth area.
Post your comment
Send an email to the Computing editor at feedback@computing.co.uk
del.icio.us
digg this
reddit!
Partnership with Intel will see hardware and software upgrade to improve film creation 08 Jul 2008
Virtualisation specialist also warns that full-year sales will be below expectations 08 Jul 2008
Fraud should be reported to police, not banks and consumers must have more protection, says Committee 08 Jul 2008
More news
Warmer datacentres and print management spearhead green push 03 Jul 2008
Open source tool in development to measure workload-based data centre carbon output 02 Jul 2008
Cutting fuel costs and improved services high on airline’s agenda 03 Jul 2008 More in depth
Advertising Marketplace
- Enterprise Accounting Solutions
- Business Intelligence Solutions
- Enterprise Content Management (ECM)
- Supply Chain Management
- Enterprise Resource Planning (ERP)
- Project Management Solutions
- Customer Relationship Management (CRM)
- Security Solutions
- Systems Management
- Networking and Communications Solutions
Featured jobs
More job opportunities