Skip to main content

Greater Challenge than Mobile Phone Sales

While the cellphone industry has generally been unaffected by economic ups and downs, this recession (depression, etc.) may well be very different, according to the latest market assessment by In-Stat.

The current economic slowdown is more widespread and deeper than ever experienced during the history of the cellphone era, 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 mobile phone sector 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. Frankly, the current economic repercussions are truly daunting -- think basic food and shelter, for the worlds many poor and disenfranchised people.

The In-Stat research covers the worldwide market for cellular handsets and semiconductors. It provides forecasts for handset and semiconductor shipments, plus revenue by region through 2012. Analysis of market conditions by region is included.

In-Stat's market study found the following:

- For the next five years, cellphone semiconductor revenue will only grow at a 3.3 percent Compound Annual Growth Rate (CAGR).

- Over 1.2 billon 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.

Popular posts from this blog

Mobility-as-a-Service Creates Disruptive Travel Options

Building on significant advances in big data, analytics, and the Internet of Things (IoT), more innovative transit service offerings aim to increase public transport ridership and reduce emissions or congestion within metropolitan areas. By providing these services through smartphone apps, the transit services also significantly increase user convenience, providing information on different human mobility offerings -- including public transport, ridesharing, and autonomous vehicles. Mobility-as-a-Service Market Development According to the latest market study by Juniper Research, Mobility-as-a-Service (MaaS) subscribers will generate $53 billion in revenue for MaaS platform providers by 2027 -- that's rising from $5.3 billion in 2021. Let's start with a basic definition. MaaS is the provision of multi-modal end-to-end travel services through single platforms, by which users can determine an optimal route and price. The study identified a monthly subscription model as key to incr

Robocall Mitigation Solutions to Halt Criminal Threats

If you answer the phone and hear a recorded message instead of a live person, it's likely a robocall. A robocall is a phone call that uses a computerized autodialer to deliver a pre-recorded message. In 2020, the U.S. Federal Trade Commission (FTC) received 2.8 million consumer complaints about robocalls. Offering solutions to robocalling and associated fraudulent business practices, computerized mitigation platforms are an integral part of the solution. Platforms that are focused on actionable systems to disrupt unsolicited and potentially criminal phone calls help telecom service providers and industry regulators. Issues of whether one-size-fits-all developments are sufficient to be effective across the spectrum need to be addressed, and whether a single telecom network operator working unilaterally with a third-party platform could compromise desired or mandatory industry-wide standards. Robocall Mitigation Market Development According to the latest worldwide market study by Jun

Secure Digital Workspace Apps Enable the Future Enterprise

In early 2020, as the world responded to the COVID-19 pandemic disruption, many organizations were forced to rapidly transform their communications networks and IT infrastructure to support an unprecedented shift to remote work. Before the pandemic, approximately 38 percent of employees were remote full-time or had a flexible work arrangement where they split time between home and office locations. During the pandemic, the percentage of remote workers that CIOs had to support reached almost 72 percent. Future Enterprise Technology Market Development Enterprise leaders have been forced to adapt to a new state, shifting from traditional office-based operations to distributed workforce environments that must still provide the same level of connectivity, security, and efficiency across the organization. According to the latest worldwide market study by International Data Corporation (IDC), addressing connectivity across geographies and transforming networks to become more virtual and agile