WIRELESS: Handset market to reach US$250 billion by 2011

SCOTTSDALE, Ariz. - The market for wireless handsets was US$110 billion in 2005 and new research says it will grow 23% in 2006, to exceed US$136 billion. It will continue to grow, but at a slower rate, exceeding US$250 billion in 2011, says the report from market research firm In-Stat. To put this in perspective, if wireless handsets were a sovereign country, it would be the 53rd largest economy, right behind Ireland, but growing more than twice as fast as China. This growth is not preordained, says the study, it depends upon phone manufacturers continuing to add features that consumers...