Thursday, December 25, 2008

Mobile market slow down

The worldwide economic slump is predicted to impact global mobile market. 2007 was a successful year to the industry with 16% growth. This year global sales are expected to reach only 10-11%. Taking into consideration that most of the growth will take place in emerging market.

As per the devices, a large majority will be low - end mobiles for the low – end markets. The profit margins for those products are lower than the high- end products. It is becoming more and more a game of number.

From the manufactures perspective, the SME will struggle and it seems like the leaders will manage to leverage their dominancy in the market for the long run.