Home » Uncategorized » Mobile Phone Market Growth is Maxed Out
Image_48593_tmimage.jpg

Mobile Phone Market Growth is Maxed Out

As markets mature in the mobile phone industry, the double digit growth rates are declining and shipments of new mobile phones are likely to grow at just under 6% in the coming years. A recent market survey by In-Stat confirms that the mobile phone market is not showing an increase in appetite for mobile phones in the western countries.

The survey also comes up with some interesting observations, 80% of the world mobile phone market is captured by just five top mobile phone manufacturers (Nokia, Samsung, Motorola, LG and Sony Ericsson would be my guess) and the overall worldwide handset market is worth $112 billion. So which countries are appearing on the top list of growth? No surprises here; India, China and Eastern Europe are being termed as the new emerging markets and mobile phone users are still being added as subscribers in these economies at a scorching rate.

So will the US and Europe end up with the r&d leftovers from the Asian and Eastern European markets? Probably not, these markets are still huge, with growth or without. However a significant portion of their research efforts are likely to be diverted to ensure that the emerging market requirements are duly met by these top mobile phone manufacturers. Customization for the emerging markets has been language specific and extensive, user studies are bound to show some more areas of improvements in the near future.

About Kavita

Check Also

wii-oculus-rift-hoverboard

Try Oculus Rift And Wii To Roam Around On The Back To The Future Hoverboard

Check out how you can fly in virtual space by using an Oculus Rift and a Wii Balance Board.

131129-amz

Amazon Appstore for Android Holiday Deals, Including Free Apps

There are tons of deals from the Amazon Appstore that will be offered starting now and throughout the holiday shopping season. They say that they will have "hundreds of titles that are eitehr free... or available between 50-90% off" the regular price.

131129-google

Black Friday: Google Play Store Apps, Games and Content on Sale All Weekend

Case in point, if you head over to the Google Play Store right now, you'll find that Google is celebrating all Cyber Weekend with discounts on all sorts of content. This includes many popular apps and games

131129-gtab

Black Friday Deal: Samsung Galaxy Tab 3 10.1-Inch for $100 Off

Did you manage to score any epic Black Friday deals this morning? Are you still ...

131128-diy

Arduino Co-Creator Releases Plans for $200 DIY Mobile Phone

Mellis was one of the people who came up with the now hugely popular Arduino platform and now he has come up with plans for people to build their own cell phone for about $200 in parts.

131128-apple

No Discounts for Apple Black Friday, Just Free Gift Cards

If you were hoping to save yourself some cash as you brave the Black Friday shopping crowds, you'll want to go somewhere other than the official Apple Stores.