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Mobile Handset Replacement Market Heading North
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.
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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.
As per a recent market research named, "Europe Mobile Handset Market Analysis (2007)", published by RNCOS, Such a high penetration rate can only be maintained if there's no stumble in the services-handset-application chain. Mobile replacement rates are expected to move 40% upwards by the year 2007, as per experts at RNCOS.
Report Highlights
- Current opportunities & future prospects existing before the mobile industry in Europe.
- Latest trends and developments in the industry.
- Challenges faced by the industry.
- Overview of the global mobile industry.
- Market penetration across3GSM & GSM networks throughout Europe.
Report Features
Besides discussing the current trends of the mobile handset industry in Europe the report takes a look at the future prospects of the industry. A clear view of the competitive landscape of the mobile industry in 2009 is provided in this report, which covers a detailed market sizing. The most pessimistic and most optimistic approach about the industry will help the manufacturers in anticipating the future scenario of European Mobile Industry. The report provides a four -year market projection of the worldwide mobile industry. Its a document of paramount importance for the investors and businesses willing to venture in this sector.
About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.
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