Thursday, 09 September 2010
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| Friday, 24 August 2007 | |
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P2P and file sharing services to harvest US$28bn in revenues over next five years…
According to a report issued this week by The INSIGHT Research Corporation the worldwide market for peer-to-peer (P2P) and file sharing services is expected to generate nearly US$28bn in revenue for carriers and ISPs over the next five years. ‘Peer to Peer & File-Sharing Services Market 2007-2011’ reckons that an ever increasing number of cellular and wireline service providers are offering legitimate file-sharing and downloading services geared to the requirements of their end-users, and that carrier revenue from usage of P2P and file sharing services in Asia is presently nearly double North American revenue. INSIGHT notes that P2P and file sharing services are part of a worldwide push by carriers to create new IP-enabled services for consumers and business users. “Peer-to-peer and file sharing services have moved into the main stream and are now well beyond the early days when a few of the early service providers ended up in litigation,” says Robert Rosenberg, president of INSIGHT Research. “Peering and file sharing have now been embraced by fixed line and wireless operators, many of the intellectual property issues that led to legal fights have been resolved, and media and applications such as ring tones, games, music and large file videos are taking off. We see this market continuing to grow as consumers increasing rely on the utility of these applications.” Share cropper? But caveat emptor. A growing number of experts argue that the increase of P2P and file sharing is accompanied by greater and greater risk of identity theft and fraud and, as the video traffic component of such services mushrooms, the possibility that the Internet could be overwhelmed. Indeed, retired US General Wesley K. Clark believes P2P today constitutes a serious national security risk. “We found more than 200 classified government documents in a few hours search over peer-to-peer networks,” Clark, a board member of P2P security company Tiversa, told a recent US Government Reform Committee hearing. Describing it as the new national security risk John Williamson |
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