Mobile Video Industry Will Begin to Shape up in 2008 According to In-Stat

The market for long form mobile/portable video content (video content of greater than 30 minutes) is currently in an experimental phase, and will likely remain at this stage for at least two years, reports In-Stat.

By 2008, however, the industry will begin to gain traction and demonstrate its long-term potential, the high-tech market research firm says.

"The greatest potential for this market rests with its ability to complement the existing video industry. For example, there will be over 50 million portable media players in use worldwide by 2008," says Michael Inouye, In-Stat analyst. "The portable/mobile long form video market will not likely cannibalize sales from the DVD and other traditional markets, but rather, supplement top-line growth."

Recent research by In-Stat found the following:

• It is not clear if users will prefer an all-purpose multimedia cellular phone or separate voice and multimedia devices.
• Mobile video subscribers stand to represent over 10% of US wireless subscribers by 2009.
• Roughly one out of eight respondents in an In-Stat survey of mobile users expressed interest in mobile video for the cellular market.

------------------
About In-Stat

Technology vendors, service providers, technology professionals and market specialists, worldwide, rely on In-Stat's experienced staff and in-depth research to support critical business, product and technology decisions. In-Stat's insights are derived from both a deep technology understanding and comprehensive research, which examines each segment of the value chain for each market. Regular and ongoing end-user demand and primary research surveys underpin much of the analysis, enabling In-Stat to provide incisive market knowledge and guidance on future market opportunities.

In-Stat is a strategic segment of the $9 billion Reed Elsevier global information network, with access to an expansive worldwide electronic network, extensive technology databases and well-informed personnel. As a member of Reed Business Information, In-Stat is a division of the largest business-to-business publisher in the U.S.

(c) InStat
Published by BUSINESS WIRE

Technorati tags: mobile TV, mobile video