SMS & MMS Outlook Strong; Text Message Revenues Reaching $233B By 2014

February 3, 2010

<h3>Worldwide Messaging Revenues set to exceed USD 233 billion by 2014</h3>

According to a new research published by Portio Research called ‘Mobile Messaging Futures’ reveals that revenues for mobile messaging is expected to reach 233B By 2014. SMS and MMS usage continues to grow worldwide. The Mobile Messaging Futures report, focusing on the overall mobile messaging industry worldwide, indicates that in 2009 alone, the industry generated a $150 billion in revenue, with a projected $233 billion by 2014. The report also reveals that the use of the technology shows no signs of slowing down either.

Text Messaging remains a ubiquitous feature on all cell phones in use today. In 2009 alone, the report suggests, worldwide SMS traffic topped 5 trillion messages, and that figure is set to exceed 10 trillion in 2013.

MMS is ready to break out too in the coming months as carrier finish upgrades to their platforms and allow for interaction via short codes. Full year revenues for MMS in 2009 amount to almost USD 27 billion, an impressive figure, and lest people forget and not far off what SMS was generating a mere 5 years ago. MMS is growing fast in all major regions around the world as affordable camera-equipped handsets flood the market and increasingly become the norm. Read more on MMS here: MMS Messaging

QWASI MMS OUTLOOK: MMS will move mainstream as SMS has done over the last several years offering a true multimedia approach to messaging.

The uses of mobile messaging for business today for entertainment, mobile commerce, mobile coupons, mobile ticketing, mobile donations, mobile search, blasts, alerts and additional mobile marketing.

Read the entire report here: Worldwide Mobile Messaging 2010 Report