News Article
The Asian Pacific mobile phone market increases by 5.9%
Research and Markets has announced the addition of their Asia Pacific Mobile Handset Market Analysis.
"Asia Pacific Mobile Handset Market Analysis", report provides extensive research and objective analysis on the growing marketplace for the Asia Pacific mobile handset industry, their technologies, and impact on the market. This report helps clients to analyse the leading-edge opportunities critical to the success of the growing mobile handset market throughout the Asia Pacific region. Detailed data and analysis helps handset manufacturers, service providers, and investors navigate the evolving market of mobile handsets. With steady growth since 1998 the Asia Pacific became the strongest growing region globally, passing Europe as the market leader. Towards 2007 the region is expected to consolidate its position, aided by the expansion of the mobile phone market in China Japan and India . Asia-Pacific's share of the global mobile phone market's value increased by 5.9 percentage points over the review period 2001-2005, growing from 36.1% in 2001 to 42% in 2005. The Asia-Pacific mobile phone market generated total revenues of $24.8 billion in 2005, this representing a compound annual growth rate (CAGR) of 10.6% for the five-year period spanning 2001-2005. Asia-Pacific mobile phone market is expected to decelerate from its current value growth position. With an anticipated CAGR of 8.9% over the 2005-2010 period, the market is expected to have reached a value of $38 billion by the end of 2010.