Few days back I wrote about potential of mobile-oriented startups. Now that has been substantiated further by analyst house Juniper Research. According to analysts mobile expenditures will expand fivefold over the next five years. Ticketing for transportation and entertainment will be the lion's share.
Western Europe is currently dominated by digital goods and services sold via SMS, while in the Far East region Japan is well established in physical goods sales over the mobile web.( Source)
SMS & Internet mobile will drive m-commerce and other mobile related offerings.This is a good sign for companies existing/venturing into this domain. They should try to build good service-model to attract & retain huge mobile population.
Wednesday, July 2, 2008
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