Mobile video telephony and messaging services to exceed $17 billion by 2012

Naturally, there’s a reason why carriers around the world are increasing their video messaging and telephony services. According to the new study from ABI Research, this market will grow from $1 billion this year to over $17 billion by 2012!

The problem is that not all people will be able to afford the access to these advanced services. What this means is that the majority (90%) of all video service revenues will come from North America, Europe and Asia Pacific, while only 10% of revenues will come from the developing regions of the world — although, ABI Research suggests that these regions shouldn’t be neglected.

[Via: slashphone]