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Cell phone growth slowing
Posted: 14-Jul-2005 [Source: In-Stat]

[Mobile phone market growth slowing due to near or full penetration in mature markets and weaker-than-expected growth in some emerging markets reports In-Stat.]

Scottsdale, AZ -- The mobile phone market keeps humming along on pace for a fourth consecutive record year in 2005 in terms of unit volumes, reports In-Stat. The rate of growth, however, is slowing from the double-digit pace seen in the past few years, the high-tech market research firm says. Shipments should grow just under 6% year-over-year.

"The slowing pace is a result of some mature markets at, or near, full penetration, and weaker-than-expected growth in some emerging ones," says Allyn Hall, Director of Wireless Research, "It's a sign of a maturing industry."

A recent report by In-Stat found the following:

* The top five manufacturers will once again carve out the largest share of the market, accounting for approximately 80% worldwide.

* Worldwide handset revenue is expected to approach $112 billion.

* India, China and Eastern Europe are leading growth in emerging markets.


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