2 Trillion SMS’s in 2008

To many of us SMS’s died after the invention of amazing mobile IM applications. The opposite however is actually true.

According to a recent report more than 2 Trillion (2 000 000 000 000) SMS’s will be sent globally this year with an estimated $65-75 billion in revenue foreseen from this market.

Although numbers are extremely high, revenue is actually seen dropping because of market saturation and healthy competition. The Asia-Pacific region currently accounts for most of the new traffic.

Its going to be interesting watching this space in the next few years, with costly SMS messages reaching 2 Trillion in 2008. I can only imaging what (almost free) Instant Messaging numbers will be during the same period.

Only time will tell what the future will bring, for the moment thought the good news for many SMS fans is that the SMS market is very much alive and well and getting vastly cheaper daily.