Overall worldwide mobile revenue, including advertising, subscriptions and handsets, will grow from $519.7 billion in 2004 to $1.09 trillion in 2012, according to Portio Research, SFN's Winning Mobile Strategies reported.

The mobile market also grew faster than other sectors.

In 2006, the mobile market led with a growth of more than 16 percent, double that of the second highest pharmaceutical sector, and also beat IT services, travel and tourism as well as financial services, according to Portio Research.

In 2007, the year-over-year growth of the global mobile market is 11.9 percent, even higher than the semiconductor industry, consulting services, or financial services, according to the report, Winning Mobile Strategies, released by SFN and the World Association of Newspapers and News Publishers.