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Market Research Projects Mobile Phone Shipments at 1.7 Billion Units by 2012


April 10, 2012 - Rockville, MD

MarketResearch.com has announced the addition of the new report "Worldwide Mobile Phone 2012-2016 Forecast and Analysis" to their collection of Telecommunications & Wireless market reports. For more information, visit http://www.marketresearch.com/IDC-v2477/Worldwide-Mobile-Phone-Forecast-6881760/

This study looks at the worldwide mobile phone market, inclusive of smartphones, from 2012 to 2016. IDC believes that total mobile phone shipments will reach 1.7 billion units in 2012, up 8.2% from the 1.6 billion mobile phones shipped in 2011. From there, mobile phone shipments will grow at a CAGR of 6.9% until 2016 and reach 2.2 billion units shipped in the final year of our forecast period.

"The worldwide mobile phone market is poised for steady growth in the years ahead," says Ramon Llamas, senior research analyst with IDC's Mobile Phone Technology and Trends team. "What will change is the profile of mobile phone shipment volumes annually. Smartphones will account for a larger proportion of total volumes each year as vendors become increasingly smartphone centric and less feature phone centric. In addition, the mobile phone market is heading for faster and more efficient data speeds, with 4G LTE coming on stronger during the middle and later years of our forecast period. Coincidentally, this will be driven by smartphones. This leaves plenty of opportunity for growth in differentiation for multiple players in the mobile phone ecosystem."

For more information, visit http://www.marketresearch.com/IDC-v2477/Worldwide-Mobile-Phone-Forecast-6881760/

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Veronica Franco at 240-747-3016 or visit http://www.marketresearch.com.

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