2008-11-18 15:29:00 -
www.in-stat.com - While the cellphone industry has generally been unaffected by economic ups and downs, this recession may well be very different, reports In-Stat (cts.businesswire.com/ct/CT"id=smartlink&url=http%3A%2F%2Fwww ..). The current economic slowdown is more widespread and deeper than ever experienced during the history of the cellphone, and has spread through Europe, Asia, and North America, the high-tech market research firm says.
The industry is currently strong, and this year is turning out to be a relatively good one, but the cellphone industry will likely have some bumps and turbulence over the next couple of years.
"The economic crisis is still playing out, but all indications are that it will have an effect on the cellphone business worldwide, but mostly on North America and Europe," says Allen Nogee, In-Stat analyst. "In-Stat believes that it will take until 2010 before cellphone sales return to their normal growth levels."
Recent research by In-Stat found the following:
- For the next five years, cellphone semiconductor revenue will only grow at a 3.3% Compound Annual Growth Rate (CAGR).
- Over 1.2 billion cellphones will be shipped this year, but the growth rate is rapidly slowing.
- The cellphone industry will be tested like never before in the next year as it deals with the impact of a poor economy and a lack of new features to promote.
The research, "A Tarnished Silver Anniversary for Handsets"Worldwide Handset and Semiconductor Forecast" (#IN0804042WH), covers the worldwide market for cellular handsets and semiconductors. It provides forecasts for handset and handset semiconductor shipments and revenue by region through 2012. Analysis of market conditions by region is included.
For more information on this research or to purchase it online, please visit:
cts.businesswire.com/ct/CT"id=smartlink&url=http%3A%2F%2Fwww .. or contact a sales representative:
cts.businesswire.com/ct/CT"id=smartlink&url=http%3A%2F%2Fwww ..
The price is $3,495 (US).
About In-Stat
Technology vendors, service providers, technology professionals and market specialists, worldwide, rely on In-Stat"s experienced staff and in-depth research to support critical business, product and technology decisions. In-Stat"s insights are derived from both a deep technology understanding and comprehensive research, which examines each segment of the value chain for each market. Regular and ongoing end-user demand and primary research surveys underpin much of the analysis, enabling In-Stat to provide incisive market knowledge and guidance on future market opportunities via syndicated research products, custom consulting, and advisory services.
In-Stat is a strategic segment of the $9 billion Reed Elsevier global information network, with access to an expansive worldwide electronic network, extensive technology databases and well-informed personnel. As a member of Reed Business Information, In-Stat is a division of the largest business-to-business publisher in the U.S.
In-Stat
Allen Nogee, Principal Analyst, 480-609-4538
mailto:anogee@reedbusiness.com
Elaine Potter, Marketing Coordinator, 480-483-4441
mailto:epotter@reedbusiness.com