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In-Stat/MDR Releases New Report on PDA Industry

 
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Market research firm In-Stat/MDR released a new report today on their forecast for the PDA market.

PDA Market ChartIn this report, they conclude that lower prices as well as greater functionality will drive growth in 2003. They specifically cite integrated wireless solutions, including Bluetooth, as key factors.

According to the report, PDAs are forecasted to have an 18.3% Compound Annual Growth Rate (CAGR) over the 2002-2007 period, with the highest growth rate anticipated for 2003. “Future growth will rely on convincing consumers that PDAs can be more than just PC peripherals,” says Cindy Wolf, an Analyst with In-Stat/MDR. “To that end, strategies for vendors and component manufacturers are adjusting.” There are now three tiers of products: low-end, middle-range, and high-end devices and In-Stat/MDR expects most manufacturers to offer a range of devices in all three categories this year. Devices are clearly moving beyond the basic applications of Personal Information Management (PIM). An increase in multimedia functionality is expected this year, as other manufacturers move into this market to compete more directly with Sony. Manufacturers also appear to be decreasing their margins on devices in order offer products that will attract new users to the market.

Among their findings, In-Stat said:

bulletThe ability to access the Internet from a PDA is being increasingly integrated into these devices. About 15% of PDAs offered this functionality in 2002, and this percentage is expected to grow to 75% by 2007
bullet The standard for memory slots for PDAs is continuing its trend toward Secure Digital (SD). In addition, flash memory card densities are reaching new, higher capacities, which will make multimedia and wireless functionality more useful.
bullet Wireless and communications functionalities will increase this year on PDAs, especially on high-end devices. Users will have a choice of 802.11 and Bluetooth models for a variety of usage models, and a number of new devices will offer communications capability to help users reduce the number of devices that they need to carry.

The report, "Multimedia and Wireless Functionality: Changing the Way Consumers Perceive PDAs" (#IN030575ID), compiles research and analyses on the worldwide PDA market and provides a forecast of unit shipments and revenues from 2002 to 2007. Processor market shares and revenue and PDA unit shipment market shares, along with regional segmentation, are also depicted. The report provides profiles of major vendors and their most recent products, and discusses market trends, opportunities and hurdles. To purchase this report, or for more information, please visit: http://www.instat.com/catalog/cat-iad.htm or contact Erin McKeighan; emckeighan@reedbusiness.com or 480-609-4551 The report is priced at $2,995.

 

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