Over the past several years, the mobile phone market has enjoyed double-digit annual growth, thanks especially to "emerging markets," the research firm says in its latest "Mobile Phone Tracker" report. But, the global economic crisis will put a stop to this in 2009, IDC warns. In fact, growth figures for the current year will fall short of double digits, reaching 7.1 percent for 2008, the firm expects.
Total mobile phone sales volumes in 2009 are expected by IDC to be 1.9 percent lower than 2008 levels, making the first downturn in annual shipment volumes since 2001 (when they declined 2.3 percent). In the U.S. market, the decline will be even worse. More or less steady during 2008, U.S. cell phone shipments will decline by 8.7 percent next year, says IDC.
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