This 15 year old kid scores a revenue of $165bn!

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SMS, the 15-year old technology is forecasted to reach revenues of $165bn (globally) by 2011, delivering 6,000% RoI.

If you look at SMS as an app, the most important factor behind the growth is that it’s bundled with every mobile phone – and while VAS companies are building a walled garden of content, sms is the trigger point behind any such transaction.

So many business models have been built around this application – right from delivering ads, routing service to sms based voip.

Having said that, has the technology evolved?

SMS 2.0, the colorful SMS dream painted by affle/Airtel doesn’t seem to spread and voice sms is not “heard” either (atleast in India).

What’s your take?

Read: Future of Mobile VAS in India.

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