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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: Andre Williamson who wrote (5197)6/20/2001 8:58:49 PM
From: mr.mark  Read Replies (1) of 6784
 
IDC: Handheld market sees slowed growth

Douglas F. Gray, IDG News Service\San Francisco Bureau
June 20, 2001, 11:51

While the soft economy worldwide
has put a damper on the handheld
device market, shipments are still set
to increase by 43 percent this year.
It's not quite the 88 percent increase
that vendors witnessed last year, but
it's strong enough to be optimistic
about the market, according to a
new report from research group
International Data Corp. (IDC).

IDC estimates worldwide shipments of
handheld devices will increase at a
compound annual growth rate (CAGR)
of 39 percent, from 13.6 million units
shipped last year, to 70.9 million units
in 2005, IDC said in the report, Hand
Check: The Smart Handheld Devices
Market Forecast and Analysis,
2000-2005.

The U.S. market is still by far the
largest, accounting for 49 percent of worldwide shipments in 2000, but the U.S. market will
grow more slowly than the overall market, accounting for only 38 percent of shipments by
2005, IDC said. The Asia-Pacific market, on the other hand, will show a CAGR of 60 percent
between 2000 and 2005.

IDC is a division of International Data Group Inc. (IDG), the parent company of the IDG News
Service.

IDC, based in Framingham, Massachusetts, can be reached via the Internet at
idc.com.

idg.net
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