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Mobile video market set to explode
Peter Dinham
Sunday, 07 June 2009 15:01
Page 2 of 2
Markets such as Japan, Hong Kong, and South Korea already
lead in terms of mobile video penetration of subscriptions, but Pyramid
also expects important uptake in India in the next five years."Looking ahead,” predicts Medlin, “Asia/Pacific will remain in the top spot, attaining more than 281 million subscriptions by 2014, although we expect Latin America to grow at the fastest pace, increasing at a CAGR of 39 percent from 2009 to 2014.
"Because of intense competition in the video market, operators have to be creative when launching new services; to meet surging demand for video, mobile players are making network upgrades, reducing data charges, improving content, and offering more advanced handsets," Medlin advises vendors.
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