Mobile video services on latest phones 'to reach over 500m'

5 June 2009 — 11:55 AM

Video content is expected to become more popular

The number of people using mobile video services will reach over 500 million by 2014, it has been claimed.

A report by Pyramid Research said across the globe the amount of consumers who will access this type of content on their handset will increase to 534 million.

This figure will constitute 8.5 per cent of all phone contracts, the company added.

Those with a device that is unable to show video may want to consider recycling a mobile phone in order to earn some cash and put it towards a more advanced model.

Derek Medlin is a senior analyst at Pyramid Research and commented on the future of the industry.

"Because of intense competition in the video market, operators have to be creative when launching new services ... mobile players are making network upgrades, reducing data charges, improving content, and offering more advanced handsets," he said.

Those who want to get rid of their handset may be able to make some good money by recycling it. This process also ensures any potentially harmful parts are disposed of correctly.

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