Pyramid Research forecasts the global number of users paying for mobile video services to grow five-fold from 2008 to 2014, surpassing 534 million.

According to Derek Medlin, senior analyst at Pyramid Research and author of Pyramid Research’s report, ‘Mobile Video Services: A Five-Year Global Market Forecast’, mobile video subscriptions will reach 8.5 percent of all mobile subscriptions by 2014, up from the current 2.5 percent level.

Pyramid Research also expects a substantial proportion of such mobile video user growth to come from emerging markets, especially markets in the Asia/Pacific region. These are expected to drive a 37 percent growth in total mobile subscriptions over the next five years.

In particular, while markets such as Japan, Hong Kong, and South Korea already lead in terms of mobile video subscription uptake, Pyramid Research expects significant uptake to occur in India over the next five years.

You can download an excerpt of the report, visit Pyramid Research

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