The market for mobile digital commerce services grew to $1.1 billion in 2007, according to recent research by MultiMedia Intelligence, provider of intelligence on the markets and technologies. Digital commerce service providers process the financial transactions that monetize premium content from music, video and gaming companies over the mobile operator’s network.
The report also states that by 2012, the market for mobile digital commerce services will grow to $1.9 billion. Digital commerce service providers percentage share of the premium content market will decline, and growth in new premium content categories will grow. Video will drive the majority of new growth. MultiMedia Intelligence’s new research also found: "Revenue leakage" is still an industry-wide problem and digital commerce services companies are highly regionalized.