Wednesday, June 11, 2008

Mobile Transaction Processing: $1.9 Billion

The market for mobile digital commerce services grew to $1.9 billion in 2007, say researchers at S2 Data Corp.

Digital commerce service providers process the financial transactions that monetize premium content from music, video and gaming companies over the mobile operator's network.

By 2012, the market for mobile digital commerce services will grow to $1.9 billion.

Operators are seeing data revenue exceed 30 percent of total service revenue as the ring tone market shifts from a primary to a partial revenue stream in a premium content mix that includes ringback tones, games, full track downloads and mobile video, S2 says.

No comments:

Will AI Actually Boost Productivity and Consumer Demand? Maybe Not

A recent report by PwC suggests artificial intelligence will generate $15.7 trillion in economic impact to 2030. Most of us, reading, seein...