Venture capitalists have the hots for mobile video. 90% of the pro investors believe mass adoption of the mobile video will occur within five years, while 60% look for a three-year time frame, according to a study by KPMG.
The tax and audit specialist’s poll of 300 venture capitalists, corporate executives and investment bankers found that 52% expect VC investment in digital content creation to increase over the next two years. 25% said investment will increase by more than 20%.
Asked whether that investment would support user-generated content or professional offerings, respondents were evenly split.
Your freshly canned statement comes from Packy Kelly, KPMG’s man in Silicon Valley:
“Digital entertainment is such a vast and constantly evolving sector, and has had a tremendous impact on consumer habits. Investors will continue to seek opportunities to invest in those companies that are at the cutting edge of the disruptive technologies that are driving the evolution in how people communicate and access the information and content they are interested in.”
The most likely channel for VC funding ran through mobile, with social media, gaming and video the entertainment applications of choice.
Meanwhile … Steve Jobs seems to hate Adobe Flash, but Silicon Alley Insider makes the case that its video and animation player still could find its way onto the 3G iPhone.