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Asia-Pacific Premium Content Market to Reach US$22.38 billion by End 2012 - New analysis from growth consulting company, Frost & Sullivan, Asia Pacific Premium Content Market, estimates that the market - covering ten Asia-Pacific countries ex-Japan and Australasia - earned revenues of US$5.98 billion in 2006
Asia-Pacific Premium Content Market to Reach US$22.38 billion by End 2012

 

NewswireToday - /newswire/ - Singapore, Singapore, 2007/11/06 - New analysis from growth consulting company, Frost & Sullivan, Asia Pacific Premium Content Market, estimates that the market - covering ten Asia-Pacific countries ex-Japan and Australasia - earned revenues of US$5.98 billion in 2006.

   
 
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The Asia-Pacific (mobile) premium content market grew 57.4 percent in 2006 on the back of rising popularity of mobile multimedia content and a fast-growing mobile data services segment as users demand a richer experience on their mobile devices.

New analysis from growth consulting company, Frost & Sullivan (mobileandwireless.frost.com), Asia Pacific Premium Content Market, estimates that the market - covering ten Asia-Pacific countries ex-Japan and Australasia - earned revenues of US$5.98 billion in 2006. Of this, an estimated 22.8 percent were revenues retained by mobile operators, while the remaining US$4.62 billion were third-party content provider revenue share.

If you are interested in a virtual brochure, which provides service providers, vendors/manufacturers, end users, and other industry participants with an overview of the latest analysis of the Asia Pacific Premium Content Market, then send an email to Sarah Lourdes, Corporate Communications, at sarah.lourdes[.]frost.com with your full name, company name, title, telephone number, fax number and email address. Upon receipt of the above information, an overview will be sent to you by email.

The Asia-Pacific premium content market is forecasted to grow at a CAGR (compound annual growth rate) of 24.6 percent to reach US$22.38 billion by end-2012.

"We anticipate much of this growth to be driven by factors such as greater 3G coverage and deployment, as well as the declining cost of advanced multimedia handsets," notes Frost & Sullivan senior research analyst Jeff Teh. "3G enhances user experience and encourages the development of compelling premium content applications such as music and video, identified as one of the fastest-growing segments in mobile entertainment."

While messaging is likely to continue as the biggest contributor to overall mobile data revenues, recent trends have seen an uptake in premium content beyond traditional applications such as ringtones and wallpapers, to newer ones such as mobile music and video.

Mobile entertainment services continued to dominate at 68.5 percent of the total premium content revenues (or US$4.09 billion) in 2006, given the growing popularity of ringback tones (RBT), music and video downloads, and mobile gaming in Asia-Pac.

Mobile music and video accounted for 12.1 percent of mobile entertainment revenues (or US$495 million) last year and this is expected to grow to 21.6 percent (to US$3.1 billion) by 2012. Music and video applications are believed to hold the strongest potential to increase operators’ average revenue per user (ARPU).

However, sideloading of content over alternative wireline sources poses a threat. A large number of mobile users in developed countries, for instance, have easy and frequent access to the Internet, and may feel more inclined to use this medium for entertainment and information services.

"The availability of well-connected and ubiquitous Internet access enhances consumer preference for less expensive online content in many countries," says Teh.

Mobile operators and premium content providers across Asia-Pacific have also started exploring newer business models and securing content partnerships in a bid to provide enhanced services to subscribers.

"Mobile advertising is emerging as an alternative revenue generator for mobile operators and content providers," he says. "Operators are already exploring methods of providing advertising without being intrusive, focusing on personalization to deliver properly targeted advertisements."

"With the ad-sponsored model, subscribers may need to pay only a small sum for content or not at all in time to come," he adds.

The Asia Pacific Premium Content Market study is part of the Mobile & Wireless Subscription, which also includes research in the following markets: mobile communications, mobile enterprise, location-based services, and mobile video services. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Analyst interviews are available to the press.

About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

 
 
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Written by / Agency / Source: Frost & Sullivan

 
 

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Asia-Pacific Premium Content Market to Reach US$22.38 billion by End 2012

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Publisher Contact: Sarah Lourdes 
+603.6207.1030 sarah.lourdes[.]frost.com
 
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