Verizon: betting on FLO
for handheld video

Despite concerns over the business plan and subscriber rates, mobile video phone sales are expected to climb from $58 billion in 2006 to $125 billion in 2010 worldwide, according to a report from Infonetics Research.

The bump is fueled by "increasingly powerful and efficient phones" and augmented spectrum availability.

There were a few million subscribers to video phone service in 2006, but the number is expected to climb to 58.6 million in 2010. Currently, about 77 percent of subscribers are found in the EMEA and Asia/Pacific regions.

Though the US trails behind in bringing video to mobile phones, it may get a hand after the government effectively switches off analog TV in 2009.