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“Despite continued economic malaise across the globe, the Mobile Entertainment Forum’s latest Business Confidence Index anticipates average mobile media revenue growth of 33 percent for the coming year… Our members in the established markets such as Western Europe and North America are forecasting relatively stable revenues…”
“According to the BCI results, mobile applications are developing into tangible revenue streams–the MEF said apps will generate 14 percent of anticipated mobile media revenues over the next year, with consumer purchases yielding more than half of this revenue. “Paid-for content is still a big revenue generator for the mobile media sector, with respondents predicting that 63 percent of their revenue over the next quarter will come from both subscription and one-off purchases,” said Mark Harding, Director of Digital Content at KPMG, who analyzed the survey results. “Games, video, music, social networking and infotainment continue to lead the way.”
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