3G phones to account for half the handset market

Posted on Saturday, Dec 01 2007 @ 07:00 CET by Thomas De Maesschalck
Market research from Research and Markets indicates 3G handsets will represent half of the worldwide revenue for cell phones this year.

There have been several changes in the mobile handset market since the previous forecast was released in 2006. Both the high and low ends of handset pricing have become more important. At the high end of the market, the Apple iPhone hit the US market in June and will soon be available in Europe; elsewhere, vendors continue to develop low-cost and ultra-low-cost phones for emerging markets.
  • Worldwide handset shipments are expected to increase to 1.46 billion by 2012, driven in part by increasing availability of low-cost and ultra-low-cost handsets in emerging nations.
  • Total handset revenues will increase at a compound annual growth rate of 1.7% to a total of US$165.4 billion by 2012.
  • Third-generation (3G) handsets will represent half of the worldwide revenue for cellular handsets.

  • About the Author

    Thomas De Maesschalck

    Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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