Wireless Web Device Sales to Hit $73 Billion by 2005, says Strategy Analytics Consumer Desire for Entertainment Based Applications Will Drive Growth
Source: Strategy Analytics
August 17
LONDON. Globally, the market for small wireless internet-capable devices, including handheld computers, basic microbrowser phones, smartphones, and next generation multimedia phones, is set to grow from $10 billion in 2000 to $73 billion in 2005. This phenomenal growth in unit shipments will occur as the price/performance equation shifts dramatically over the next five years to accommodate the burgeoning information, communication and entertainment needs of wireless users.
``The handheld market is set to register strong growth from mobile professionals and platinum travelers, but will increasingly attract consumers as we see a sharp increase in the desire to share (digital photos), connect (with friends/family) and have fun. As ever-more consumers enter the market for handheld personal connectivity and entertainment tools, fundamental changes to the design requirements and price thresholds will inevitably follow. Basic microbrowser cellphones will be the 1000 pound gorilla controlling 70% of total unit volume and 60% of annual shipment revenues in 2005. The fight for market share will be won or lost on the ability to provide the most fun, easy to use platform for customers personal and professional lives. comments Nitesh Patel, an analyst with the firm s Wireless Data & Computing service.
These findings are presented in a study published recently within Strategy Analytics Wireless Data & Computing Service. This strategic advisory service provides leading players in the wireless industry with insights into key market, technology, and consumer behavior trends. The company s latest report ``Wireless Devices for the Coming Multimedia Age provides a strategic assessment of competing device classes, provides an evolution path for each platform, and forecasts demand for each device category over the next five years.
Company Background:
Strategy Analytics, formerly BIS Strategic Decisions, provides information and insights which help competitors develop strategies in consumer electronics and media, Mobile and fixed communications, personal computing, automotive electronics, and enabling technology business. Working on a global basis, Strategy Analytics delivers planning support in published and consulting formats to meet the decision support needs of clients in North America, Europe, Japan and the Far East. Contact: Nitesh Patel , tel. +44 1582 405678 (in the UK) Email: npatel@strategyanalytics.com or Cliff Raskind, tel. +781 235 6550 (in the US). Email: craskind@strategyanalytics.com Website: http://www.strategyanalytics.com
US Headquarters Contact: Steffi Karp Wellesley Office Park, 55 William Street, Wellesley, MA 02481. USA Tel.: +1 781 235 6550 Fax: +1 781 235 6061
European Headquarters Contact: Gerry Clare 17-21 Napier Road, Luton, Bedfordshire, LU1 1RF. UK Tel: +44 1582 405 678 Fax: +44 1582 454 828
Gerry Clare
17-21 Napier Road, Luton,
Bedfordshire, LU1 1RF. UK
Tel: +44 1582 405 678 Fax: +44 1582 454 828
E-mail: npatel@strategyanalytics.com
Web site: http://www.strategyanalytics.com
