Press Release Summary = Increased demand for mobile phones both new and replaced ensures extraordinary growth in the mobile market in years to come.
Press Release Body = In spite of a slight seasonal decline, there was a growth of 28% in the worldwide shipments of cell phones during the Q1 of 2006 as compared to the same period in the previous year. The historical progress shown by the market in the Q1 of 2006 is a good indicator of where the market may be by the end of the year.
Annual increase in the demand for mobile handsets indicates an assured growth in the replacement handset market in the years to come. About 227Mn mobile handsets were shipped, with an increasing number of consumers going in for new handsets.
As per a recent market research report named, "Europe Mobile Handset Market Analysis (2007)", published by RNCOS "During the years 2001-2005, the market grew at a CAGR of 3.4%. Volume of mobile phones sold in Europe has also gone up to a total of 122Mn units".
"The remarkable growth in this first quarter helps the vendors identify the customer preferences, which can then be translated in to form factors and feature sets", as per experts at RNCOS.
Report Highlights § Overview of the global mobile industry. § Current trends and latest technologies in mobile industry. § Opportunities & challenges in front of the industry. § Profile discussion of key players in this sector. § Factors influencing the growth of the mobile industry. § The future growth prospects and opportunities for the mobile industry in European market
Report Features
While discussing the current trends in the mobile handset industry in Europe, the report takes an insight into the future prospects of the industry. Competitive landscape for the mobile industry in 2009 is also discussed in this report. It also covers a detailed market sizing. The report provides a comprehensive discussion about the opportunities critical for the success of the investors & businesses willing to venture in this sector. It'll help the manufacturers anticipate the future scenario of European Mobile Industry, as a four -year market projection of the industry is also included in it.
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