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A new study by ABI Research predicts that the global mobile marketing and advertising market will be worth about $3 billion by the end of 2007/Q1 2008. By 2011, the value of this market will reach $19 billion, including mobile search and video advertising.
Next, ABI Research expects some of the highest levels of spending to come in the broadcast mobile video space — by 2011, it will surpass SMS as a source of mobile marketing spending.
For this market to reach its full potential, all interested parties must utilize multiple technologies and business models to bring their messages to mobile consumers. “Mobile advertising and marketing is a risky, albeit enticing business,” says principal analyst Judith Rosall. “Unlike the PC, a mobile device offers a uniquely personalized communications channel. Carriers have quite a bit of information about their end-users: name, sex, age, and geographical location. And depending on the handset and plan their users have purchased, the carriers probably also know something about their economic status and credit record. But they don’t like to release this information to third parties because they want to protect and control their customers.”
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
