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News Release from: Juniper Research | Subject: mobile web
Edited by the Marketingservicestalk Editorial
Team on 15 May 2008
Mobile web 2.0 revenues to reach $22.4bn
by 2013
The global market for mobile web 2.0 will be worth $22.4bn in 2013, up from $5.5bn currently, according to a new report by Juniper Research.
Embracing social networking and user-generated content (UGC), mobile search and mobile IM (instant messaging), mobile web 2.0 provides a framework for delivery of collaborative applications, further enhanced and contextualised via location-based services In its latest report - Mobile web 2.0: Leveraging Location, IM, Social web and Search - Juniper examines how a fundamental shift in internet usage patterns is shaping mobile web development, driving subscriber adoption and forcing structural changes within the industry
This article was originally published on Marketingservicestalk on 31 Mar 2008 at 8.00am (UK)
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At the core of this evolution is the user as a creator and consumer of content (the prosumer), and the social web - which describes a wide variety of social computing tools enabling users to develop detailed web identities, create online communities and communicate with like-minded individuals.
"Combining the power of the social network map - namely: 'who I know, how I know and where I know' - with that of mobility, presents the greatest opportunity for revenue generation of any of the applications as defined within Juniper's Mobile web 2.0 framework," stated Ian Chard, Juniper Research Analyst and author of the new report.
"The phone is carried with us most of the time and contains a huge amount of personal data, making it a logical extension for the social network and a host of other collaborative web 2.0 applications being mobilised".
Further reading
Mobile search set for big boost
Nearly 1.3 billion mobile users - 30 per cent of the subscriber base - are expected to use local mobile search services by 2013, according to a report from analysts Juniper Research.
Don't let profits get lost in translation
Translation and intellectual property search company RWS Group explains the commercial reasons for using effective and professional translators.
Other findings from the report include the following.
* Total global revenues for mobile social networking/UGC will rocket from $1.8bn in 2008, to $11.2bn in 2013, accounting for 50 per cent of the market, while growth in mobile search and mobile IM will be more measured.
* Service revenues will account for the lion's-share of total mobile web 2.0 revenues, although mobile advertising represents a significant opportunity.
* Far East and China, Western Europe and North America dominate the global market for mobile web 2.0, but will be surpassed by the developing regions over the forecast period.
Despite the new opportunities for players across the value chain, mobile web 2.0 creates fresh challenges over and above those typically associated with mobilising internet applications.
MNOs must adjust to advertising-sponsored strategies and accommodate partnerships with web-based players, while device manufacturers and technology vendors must somehow find the means to stitch together what is at present a highly fragmented market.
Any player in social web is also subject to regulatory measures concerning privacy and data retention.
Juniper Research assesses the current and future status of the mobile web 2.0 market based on interviews, case studies and analysis from representatives of some of the organisations leading this growing market.
Whitepapers and further details of the study 'Mobile web 2.0: Leveraging 'Location, IM, Social web and Search' 2008-2013 can be freely downloaded from the Juniper website.
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