A recent receptivity among carriers, regulators and brands is opening up new opportunities for mobile marketing on the Continent.
eMarketer estimates that mobile advertising spending in Western Europe alone will grow from $382 million in 2006 to $3.46 billion in 2011, roughly a ten-fold jump.
According to the European Information Technology Observatory (EITO), the mobile market in Europe will total 850 million subscribers in 2007 and grow to 920 million by 2010.
"These are huge numbers," says Mr. Gauntt. "Of course, when compared to Asian juggernauts such as China, where one operator, China Mobile, alone will serve more than 400 million subscribers in 2007, they seem slightly less overwhelming."
According to an Exane BNP Paribas and Arthur D. Little study, on a per-capita basis, Europeans in 2007 will spend an average of €30 ($41.48) per month on mobile voice and data services, and growth is expected to be slow.
"One of the primary reasons the red carpet is rolling out for marketers is that the mobile industry has exhausted almost all other avenues for monetizing its mobile Internet and 3G investments," says Mr. Gauntt. "Marketing revenues stand out as one of the few new sources of income in this relatively mature market."