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Updated: July 8th, 2008 05:26 PM CDT

Future Image Revises Camera-Phone Forecast Upward to Half Billion in '05

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Market Wire
via NewsEdge Corporation

Henning also noted that there is still plenty of room for growth. "Mobile subscribers are expected to increase from two billion to more than three billion by the end of the decade, but that's still less than 50 percent of the estimated global population in 2009. Eighty percent of the world's population is currently covered by cellular networks -- a target market of five and a half billion people."

Future Image's most recent forecasts are:

Year Total mobiles % Camera-phones Camera-phones
2005 750 million 67% 500 million
2006 875 million 83% 725 million
2007 938 million 85% 800 million
2008 984 million 87% 856 million
2009 1 billion 90% 900 million


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