The popularity of mobile messaging is expected to continue to grow over the next few years, but revenues are likely to grow more slowly as wireless carriers fiercely compete for subscribers, a market research firm said.
The number of messages sent worldwide from mobile phones will reach 2.3 trillion next year, a 19.6% jump from this year, Gartner predicted. Revenues in the same timeframe will increase 15.7% to $60.2 billion.
But operator margins are expected get slimmer as companies fight for subscribers in a saturated market, the researcher said. While the compound annual growth rate of revenue from messaging services was 29.8% from 2002 to 2006, the CAGR is expected to plummet to 9.9% from this year through 2011.
Source : EETimes
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