SMS in 2012 estimated at US$67bn.
MobileCrunch: "A report from Portio Research is forecasting SMS revenues to reach $67 billion. The increase is mostly attributed to an expected increase in mobile subscriber base from 2.61 to 4.81 billion, sending 3.7 trillion messages. The Asian markets are expected to grow the fastest, comprising 50% of the subscriber base by 2008."
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