Saturday, September 22, 2007

SMS is worth $100 billion in 2007

US$100,000,000,000 worth of SMS text messages will be recorded this year according to the latest stat provided by TomiAhonen Consulting 21 Sept 2007

How big is that? Its so big that even if you combine all the revenues of hollywood movies worldwide, all of the global music industry revenues and all of videogaming revenues around the world and you wont even see it reaching $100 billion.

We will hit about 2,800,000,000,000 (2.8 trillion) text messages sent this year! 8 BILLION texts sent every day. Or 92,000 text messages sent out every second everyday. SMS is definitely not dying and in fact its so addictive that this figure will continue to grow each year with more and more people subscribing to the mobile phone service. Dont think there are too many billion dollars industries out there that can claim to have an annual growth of 25%!


VicBerggren said...

Amazing, isn't it Alvin?

Alvin Foo said...

the growth is amazing and there is really no stopping how far sms can continue to grow.