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Saturday, October 28, 2006

SMS figures world over

“Mobile phone subscribers sent over a trillion SMS messages last year – despite the data entry constraints of cumbersome phone keypads – so one can imagine the potential of this market given a simple and intuitive speech-driven SMS interface,” said Michael Thompson, vice president and general manager, telco, search and communications, Nuance.

The figure of a trillion is for the SMS sent world over. If the cost of sending 50 SMSes is average 1 US Dollar then these figure generate 200 billion US $ which is a huge amount [that too a conservative estimate].

Imagine what would happen if you have a 0.01% share of this market. You are making US $ 20 million a year :O

News source here.



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