Mobile phone sales to grow by 8.42% a year to 2011 - study

Wednesday 6 February 2008 | 11:04 CET | News
The world mobile terminal market is forecast to grow by 8.42 percent per year to 1.43 billion units in 2011 from 1.14 billion units in 2007 and 987 million a year earlier, according to Idate. The lower growth (versus 15 percent in 2007) is attributed to the mobile market becoming increasingly saturated in the middle-class population in emerging markets. The global mobile terminal market revenues for 2007 is expected to reach USD 131 billion, up from USD 117 billion in 2006. This 1 percent growth is due to a decrease in the ASP driven by a strong market growth in the emerging markets and

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Categories: Mobile & Wireless
Companies: LG / Nokia / Samsung / Sony Ericsson Nederland
Countries: World
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