According to a report by Global Industry Analysts (GIA), the global mobile content services market may reach $131.5bn by 2015. The increase in mobile penetration and wider coverage of 3G networks and lower prices have contributed to the growth.
GIA notes that despite the recession, consumers of mobile phones have not reduced spending on mobile data services, although they are likely to cut down on mobile entertainment services.
(Source: C2M Bi-Weekly Newsletter)
