The unit sales of handsets for 2006 increased almost 20%. In-Stat projects that it will continue with double-digit growth for the next five years. This growth is due to growing penetration within developing countries, the popularity of prepaid service plans, and the continued roll-out of higher speed data networks.
This In-Dustry Update refreshes the five-year forecast produced by In-Stat about this time last year. The sales of the global market for wireless handsets exceeded even our optimistic estimates from the beginning of the year.