RoW International Short Takes
News | 09/09/2003 4:00 am EDT
Camera phones penetration will double by year-end
The number of consumers that will own camera-enabled cell phones will more than double by the end of 2003 to 55 million from the 25 million units sold last year, according to a new report from the ARC Group. The U.K.-based research firm notes that there will also be an increasing number of replacement buyers, a change from a few years ago when there was significant uptake from first-time cell phone buyers. Future Mobile Handsets 2003-2008 reports that by 2005 130 million handsets with camera functionality will be shipped globally. Additionally, with more 3G rollouts during that time frame, camera phone shipments will jump to 210 million by 2008. The report also states that handset sales will increase this year to 444 million and will reach 689 million by 2008.