Analyst Firm Predicts Global Mobile Entertainment Market to Grow to $61.6 Billion in 2019

TOKYO, Oct. 14, 2014 /PRNewswire/ -- IE Market Research Corporation (IEMR), the global provider of market research and business strategy services in the telecommunications space, announced today the release of its 3Q.2014 Global Mobile Entertainment Forecast, 2014 - 2019.

Logo - http://photos.prnewswire.com/prnh/20141013/151734LOGO

"We think that the global mobile entertainment market will see significant growth over the next five years. Globally, we are expecting mobile entertainment revenue to rise from $47.8 billion in 2014 to $61.6 billion in 2019-- an increase of 5.1%," said Koichi Miyazawa, President & CEO at IEMR. "Among different categories of mobile entertainment, Mobile TV has now taken the lead and will see the biggest growth in revenues over the next five years."

IEMR's Mobile Entertainment Forecast is one of the most comprehensive forecasts of its kind in the world and is based on an on-line survey of 50,000 consumers in 50 countries globally and interviews with companies active in the mobile entertainment value chain.

The forecast provides country-specific data for Mobile Music, Mobile Gaming, Mobile Personalization, Mobile TV, and other premium content usage.

Some key highlights of our forecast include:

-- We expect that Mobile TV will see the biggest growth in revenues globally over the next five years. We forecast that global Mobile TV revenues will increase from $5.7 billion in 2014 to $9.7 billion in 2019, a CAGR of 10.4%.

-- Mobile music continues to be the largest mobile entertainment sub-segment. Based on our surveys, we are forecasting that the number of users downloading paid music over mobile networks will increase from 910 million in 2014 to 1.31 billion in 2019, generating total revenue of $14.9 billion.

-- We expect stable growth in Mobile Music and Gaming over the next five years. However we expect Mobile Personalization revenue to decrease from $3.2 billion in 2014 to $2.8 billion in 2019.

You can download this report at: http://www.iemarketresearch.com/reportdata/3Q2014-Global-Mobile-Entertainment-Market-Forecast-2009--2019/A822A2CD-F3F1-4186-8BC4-BDE9EF4D823F

Clients can also view a free copy of the executive summary of the global report here:
http://issuu.com/iemr/docs/global_mobile_entertainment_forecas?e=13902330/9675639

Clients can also get access to this and thousands of other research reports for a low monthly price of only $299 per month per seat.

About IE Market Research Corporation

IEMR is a global market research and business strategy consulting firm. Established in 2003, IEMR is the world's first analyst firm to provide access to ALL our forecasts and databases at a cloud-based price point. IEMR publishes some of the world's largest telecom industry databases, including our Global Mobile Operator Forecast, Global Fixed Line, Cable & Broadband Operator Forecast, Global Mobile Entertainment Forecast, and the Global Mobile Payments Forecast. We also deploy the telecom industry's largest B2C (300,000+ panelists) and B2B (10,000+ panelists) on-line panels built from the "ground up" and unique to the telecommunications usage of consumers globally.

Media Contact:
Ms. Sue Mcbride
Tel: +1 604 876 4367
Email

SOURCE IE Market Research Corporation

Related Links

http://www.iemarketresearch.com

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED