Music And Media Will Eclipse Games
A new report from Strategy Analytics suggests that the global wireless data industry will grow from $46B this year to $114B by 2008. Entertainment is tagged to pull in $30B by 2008, and SA predicts that music and media will surpass the gaming portion of that by 2007. Although I always take a grain of salt with hard number forecasts, I would agree with SA on the general trends. With the current 2.5G networks, downloadable games are quite compelling, but streaming media will have to wait for true 3G networks for mass acceptance. SA predicts that carriers will still control the value chain, but will share an increasing percentage of revenues (40% in 2008) with application and content providers.