Mobile revolution drives US$700 Billion Global CE sales

July 22, 2008 The mobile revolution sweeping the world and changing the way it does business is unfolding rapidly despite the economic uncertainties surrounding the American dollar. Worldwide revenue for consumer electronics (CE) will grow US$42 billion (around ten percent), hitting the US$700 billion mark in 2009. The compelling benefits of unwired access to information and person-to-person communication are driving the biggest societal transformation in history – global unit sales of mobile products will top a staggering 1.5 billion units in 2008 – roughly one mobile device for every four people on the planet THIS YEAR, be it a portable navigation devices (worldwide revenue growth of nearly 20 percent in 2008), laptop computer (up 15 percent) or smartphone (up 14 percent).

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