Global phone shipments reach 134 million

June 3 2003

The actual usage for inter-continental roaming has yet to reach its market potential, despite the availability of world phones, reports In-Stat/MDR.

The market research company found that shipments of world phones totaled 134 million and revenue generated from world phone sales was $18.4 billion in 2002 and that the number of inter-continental roamers during the most recent 12 months was 3.6 million.

The expected CAGR for world phone shipments over the next five years is 19.4% and even though world phones are an important market segment for mobile operators and hardware vendors, it is in an early stage of development.

The high-tech market research firm finds that some of the market's key drivers include: the ability to allow travelers to carry their own phones, increasing reliability of service, the ability to be contacted at a single phone number, and the use of a world phone as a safety tool while in a foreign location.

 

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