European Mobile Market To Stay Stronger

rncos: With a favorable growth in the number of both mobile replacement as well as new subscription, the global production of mobile handsets topped around 750Mn during the year 2005.

Entry of new manufacturers in the handset market has resulted in continuous growth in the sales of mobile handsets in the emerging market. There has been a remarkable growth in the replacement market in Europe, which accounted for more than 70% of the total sales of new handsets in 2002. Also, a growth of 20% was observed in the European mobile market during the Q2 of 2005.

n 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.

Europe Mobile Handset Market Analysis (2007) Publ 20060629