The Global Mobile Messaging Market Will be Worth 305.5 Billion Dollars by 2016

As the saying goes - Nothing is Impossible, we hardly foresee how 'powerful' will SMS be evolved into. But, there is one thing that we can be sure of - the usage of SMS is still increasing and the messaging market is worth more and more.

Visiongain's latest research entitled "Mobile Messaging Market Report: 2011 - 2016" offers a fine-tuned analysis of four mobile messaging platforms: SMS, MMS, instant messaging and email.

The mobile messaging market is under strong pressure to evolve and adapt alongside technical innovation and changes in consumer demands. The strong growth of mobile broadband is the result of increased mobile data usage by subscribers hungry for instant communication, multimedia sharing and social networking. Instant messaging and email applications are fast becoming default services in smart devices.

Smartphones and mobile broadband are not the only vectors for the transformation of the mobile messaging market. SMS and MMS have also evolved beyond their traditional platforms to more enhanced and personalised applications. Ubiquitous wireless connectivity and basic feature phones have become quasi-universal on a global scale. In many regions, basic mobile messaging is serving as an efficient and reliable platform for value added services in mobile banking, commerce and health.

The mobile messaging market is undergoing a structural shift and opening up to new players offering high-value functionalities. Visiongain estimates the current market to be valued at US $202 billion which represents on average 19% of total global mobile revenues. While North America and Europe will show a strong uptake and diversification in instant messaging and email services, emerging economies in Africa, the Middle East and Asia will see continued growth and expansion of traditional SMS and MMS platforms and their use in new industries.

Source: By PRNewswire on 14th December 2011

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