The evolution of the media phone product segment may just be beginning but it has the potential to become the 4th screen in the home.

That’s according to a report by In-Stat, which said the device could also become a next generation business IP phone.

The researchers say service providers and IP phone manufacturers are introducing media phones to add value to traditional voice telephones and enable IP-based services.

Already devices such as the Verizon Hub and AT&T HomeManager, which support both IP communications and the delivery of Internet information and multimedia content, have been launched on the market.

The free report, The Media Phone Has Arrived, can be downloaded from the In-stat website.

Other findings include:

  • Consumer media phones will generate between $4-$8 billion in annual revenue, worldwide, by 2013.
  • Business media phones will generate $3.3 billion in annual revenue, worldwide, in 2013.
  • The US market will open up in 2009, with Europe coming on line in 2010.

Subscribe to our Newsletter