Worldwide SMS revenues to hit $67bn

A report by Portio Research predicts a healthy future for SMS. From the press release:

Although the growth of SMS revenues will not be as aggressive as the growth of SMS volumes due to declining prices, by 2012 global SMS revenues are expected to reach 67bn USD, driven by 3.7 trillion messages. The report, ‘Mobile Messaging Futures 2007 – 2012’ outlines an exciting future for other mobile messaging technologies especially instant messaging and mobile e-mail amid continued strong worldwide subscriber growth.