Mobile video stimulated by Web 2.0

According to ABI Research the market value of mobile video services (especially the sharing of videos on the mobile) will rise from 1 billion USD in 2007 to more than 17 billion USD by 2012.

The driver behind that rise is the Web 2.0, especially the sharing sites and social networking communities that allow users to upload their video material with their mobile.

More info on their research here.

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