Slower growth and declining prices of mobile handsets will cause a decline in the global handset market that won't recover to the peak level of 2005 until 2009, according to market research from iSuppli. As the world's mobile phone markets become saturated, sales of handsets are driven by replacement rather than new customers. That's why the rush to add multimedia capabilities to handsets is becoming an important driver. Carriers need to give customers a reason to upgrade handsets often.
For more about the research from iSuppli:
- take a look at this article from the EE Times