The video-enabled phone market will hit $125 billion by 2010, says Infonetics Research.
In its report ‘Mobile Video Phones, Services, and Subscribers’, Infonetics estimates 2006 sales of video devices at close to $58 billion. It also forecasts an explosive growth in mobile video subscribers from a few million in 2006 to 58.6 million in 2010.The company believes the Beijing Olympics could be the catalyst for an acceleration in sales of mobile video phones and, longer term, more powerful and efficient phones and analogue broadcast signal switch-offs, which will free up spectrum.
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