Rapid growth expected in the global mobile handset market

Mumbai, March 27th, 2007: Mumbai based consultants Bharat Book Bureau have come up with a new report titled "Changing Faces of The Global Mobile Handset Market - 2007" .

According to a new report distributed by Mumbai based distributor Bharat Book Bureau on the global mobile handset market, the global mobile phone market is designed with keeping in mind the perspectives of the market leaders of the mobile handset manufacturers. 

Mobile phones are popular in today’s world and are considered to be multimedia tools. Mobile phones today have become more than just call making and receiving devices. Nowadays they are used for entertainment purposes mainly due to the new features used everyday. 

Mobile phone handsets have now become business friendly applications that can enhance any business. And with more emerging technology, mobiles have become more than communication devices, as they are the tools to stay ahead of the competitors and peers in the present times. 

The study analyses the global handset market from the point of view of sales, the growing demand and the innovative strategies employed by the retailers and manufacturers to lure the consumers. 

Also analyzed in the report are the technological changes in the software and hardware. It keeps track of the dynamic consumer behavior and their changing preferences the world over. Software support based companies like Nokia, Microsoft and their competition to gain more profits in the market-share is monitored. 

The report mentions that the mobile handset sales continue to grow worldwide, going up from 482.5 million in the year 2003 to 561 million in 2004. But this rate is expected to gradually slow down over a period of five years. 

In the developed nations, mobile handsets with innovative features have gained a lot of popularity, but the developing markets like India, Russia, Brazil, Mexico and China will mainly carry on the global handset sales as there markets are not yet saturated. Some of the prominent players like Sony Ericsson, Samsung and LG will see remarkable growth whereas Nokia is expected to lose some market share in this year. 

The report highlights features like growth of the mobile handset shipments, emerging markets of Latin America, Eastern Europe and India, the consumer’s response to the mobile handset market etc. 

For more information kindly visit:  http://www.bharatbook.com/detail.asp?id=12156

About Bharat Book Bureau:

Bharat Book Bureau,  leading information aggregator based in India , facilitates and supports the business information needs by providing with the relevant information materials generated and published by global agencies on all the major industries like Banking and Finance, Insurance, Automotive, Energy, Shipping and Marine, Metals and Minerals, Oil and Gas, Textiles etc., including country info, technical and management subjects, both in print and electronic format. These include reports, newsletters, country and company profile and online databases. 

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