Global Mobile Video Traffic will Account for more than 60% of Global Mobile Data Traffic by 2016

London, UK, October 18, 2011--Global mobile video traffic will account for more than 60% of global mobile data traffic by 2016, according to a new report entitled Mobile TV & Video: Market Drivers and Challenges Report 2011-2016 by Visiongain. The global mobile video market will increase at a CAGR of 28% with revenues reaching $22.5 billion by 2016."