BOSTON--()--According to the latest research from Strategy Analytics, global mobile handset shipments grew 10 percent year-over-year, to reach 324 million units in Q4 2009. This was the cellphone market’s first quarter of positive growth since Q3 2008, signaling an end to the industry’s year-long recession.
Bonny Joy, Senior Analyst at Strategy Analytics said, “Global mobile handset shipments reached 324 million units during Q4 2009, rising 10 percent from 294 million in Q4 2008. The ten-percent increase was the handset market’s first quarter of positive growth since Q3 2008, signaling an end to the industry’s recession which first began during Q4 2008 and lasted for four quarters.”
Neil Mawston, Director at Strategy Analytics, added, “We expect the global handset market to continue its recovery, with shipments growing a forecast 8 percent annually during the first quarter of 2010. Consumers, operators and handset vendors are steadily regaining confidence. However, some major regions, such as South America, are still a little fragile, so it will not always be a smooth recovery and some regions will fare better than others.”
Other findings from Strategy Analytics’ Q4 2009 Global Handset Market Share Update report include:
Global Mobile Handset Shipments and Marketshare – Top 5 Vendors
|Global Handset Shipments (Millions of Units)||Q4 '08||2008||Q4 '09||2009|
|Global Handset Marketshare %||Q4 '08||2008||Q4 '09||2009|
|Total Growth Year-over-Year||-10.7%||4.9%||10.4%||-3.9%|
About Strategy Analytics:
Strategy Analytics is a global, independent research and consulting firm. The company is headquartered in Boston, USA, with offices in the UK, France, Germany, Japan, South Korea and China. Visit www.strategyanalytics.com for more information.