Third-generation (3G) handsets will continue strong growth over the next five years as second-generation technology wanes, reports In-Stat.
It added that during 2012 fourth-generation network handsets are not expected to enter the market in sizable numbers.
Helping to boost overall sales, subscribers owning and using several handsets will be more prevalent over the next several years. This development is already widespread in many areas, especially where employers provide a mobile device.
The high-tech market research firm also predicts that worldwide handset revenues will reach US$165 billion by 2012.
In addition, In-Stat said that 3G growth will become more pronounced when China selects a standard and releases spectrum to operators.
The 2007 Global Handset Market Forecast covers the worldwide market for wireless handsets, providing forecasts for global handset unit sales and revenue by region and by technology through 2012.
A recent report from telecom analyst firm Berg Insight found that ad-based revenue models are going to have a profound long-term impact on the development of the mobile industry (see Ad-Based Revenue Models To Have Profound Impact On Mobile Industry).
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