Handset growth to slow down?

Handset growth to slow down?

Informa says

The rate of overall worldwide mobile handset growth will slow dramatically beginning next year as saturation in developed markets starts to balance out the booming growth in emerging regions.

Since the slump in the worldwide handset market at the turn of the century, it has experienced double-digit growth year on year. But according to the analyst firm, that vigorous growth is due to slow down from 2007 onwards. It suggests growth in the market will fall from 15.7% in 2006 to 3% by 2011.

While it is obvious that growth will slow down, use of the word “dramatically” is to just sensationalize the report. Emerging areas are growing pretty fast and replacement cycles are also shrinking, it will be gradual slow down not dramatic.