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.
Wednesday, June 11, 2008
Mobile Transaction Processing: $1.9 Billion
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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