Wednesday, October 27, 2010

$1 Billion Mobile Video Calling Market in 2015

In-Stat projects mobile video calling revenue will exceed $1 billion by 2015, and also expects "Facetime," the iPhone 4 app for video calling, will be among the key drivers.

In-Stat predicts the number of mobile video calling users will grow at a 115 percent compound annual growth rate through 2015, with Asia/Pacific consumers representing 53 percent of the mobile video calling minutes used by 2015.

Apple, Fring, OoVoo, Qik and Skype are among firms In-Stat believes will be driving the usage. By 2015, mobile video calling will result in over 9 petabytes in data traffic in North America.

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