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According to a new market research report, “World Mobile phone & Smartphone Market (2010 – 2015)”, the total global mobile handset market is expected to reach US$ 341.4 billion by 2015 while smartphone sales will account for 75.8% of the overall mobile handset revenue at US$ 258.9 billion in the same year. Apple is expected to lead the growth till 2015 commanding largest share of the overall mobile handset revenue with 25.8% market share while Nokia will be at the second place with 21% market share. The global smartphone market is expected to register higher CAGR (24.9%) as compared to overall mobile handset market (14.7%) during 2010 and 2015.
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After facing a dip of 6.1% revenue-wise and 2.8% shipment-wise in 2009, the global mobile handset market has come back strongly to register 12.2% growth in terms of revenue and 11.8% shipment growth in 2010. There were 1,278 million mobile handsets shipped which worth US$ 172.2 billion in 2010. The growth in mobile handset market was enabled by increased consumer interest in high end smartphones, reduction of smartphone prices, improved network coverage along with introduction of key technologies including 3G and expected 4G roll outs in emerging markets and aggressive expansion plans on the part of key suppliers.
The global smartphones market registered growth at a brisk pace, accounting for 22% of the global mobile handset sales in 2010. This high growth has been backed by rapid technology developments such as high-speed internet browsing, sophisticated personal and professional data management, and the evolution of 3G and 4G network technologies. The Asian region, especially, India and China have emerged as smartphones hotspot with the continuous development of cellular markets and the increasing 3G penetrations and expenditure on consumer electronics across the region. In relatively saturated markets, such as the North America and Europe, operator’s subsidies and carrier wars has been fuelling the growth of the smartphones market in the region. The global smartphones market is estimated to reach $ 258.9 billion in 2015 from about $ 85.1 billion in 2010.
Global Smartphones market was one of the very few markets which remained insulated during the economic recession. The smartphones market cornered annual growth rate of 29.5% in 2009 over 2008 which further increased to 59.3% in 2010 over 2009 to reach $ 85.1 billion.
The global smartphones device market is generally classified into business smartphones and consumer smartphones; consumer is the larger and fastest-growing market, accounting for approximately 3/4th of the global smartphones revenue. However, the business smartphones segment is expected to be the dominating one in the future particularly due to the increasing traction of mobility among enterprises. In terms of interface touchscreen has emerged as the preferred one, representing 39.6% of global shipments, followed by keypad input type with a 31.2% share.
Each sub-segment of the global Smartphones market is calculated for the four geographical regions of North America, Europe, Asia-Pacific, and ROW. Europe is leading the market in 2010 with a 33.8% shipment share; Asia-Pacific is expected to closely follow the European market in near future with large mobile subscriber base in Chinese and Indian markets and high smartphones adoption rates. The Asia-Pacific smartphones market shipment stood at 87.8 million in 2010 which is expected to reach 294.1 million in 2015 growing at a CAGR of 27.3% during 2010 – 2015.
Market participants’ strategies vary by geography due to differing method of payments, subsidies, and levels of competition among vendors and operators. Players in prepaid subscriber market (and without handset subsidies) are focusing on promoting value-added services and subsidized data plans. In competitive post-paid subscribers markets (with handset subsidies), players are offering attractive unlimited data plans and a large variety of smartphones models with exclusive distribution strategies.
The report extensively analyzes each macro and micro mobile phone and smartphones market based on vendor and operating system; and also offers market analyses of application segments such as consumer and business for smartphones. In addition to market sizes and forecasts, the report also provides a detailed analysis of the market trends and factors influencing market growth, offering in-depth geographic analyses of the smartphones markets in the North America, Europe, Asia-Pacific, and Rest of the World (ROW). The report draws the competitive landscape of the global smartphones market, providing an in-depth comparative analysis of the technological and marketing strategies the key players are adopting in order to gain an edge over the their competitors.
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Biomarkers for bone formation and resorption predict outcomes for men with castration-resistant prostate cancer, a team of researchers from UC Davis and their collaborators have found. Their study, published online in the Journal of the National Cancer Institute, also found that the markers identified a small group of patients who responded to the investigational drug atrasentan. The markers’ predictive ability could help clinicians match treatments with individual patients, track their effectiveness and affect clinical trial design.
Castration-resistant prostate cancer does not respond to hormone treatments and often metastasizes to bone. This led researchers to wonder if increased bone turnover markers might predict the course of the disease.
“We found that patients with high levels of these markers in the blood had a much shorter lifespan compared to patients with low levels,” said lead author Primo Lara, associate director for translational research at the UC Davis Comprehensive Cancer Center. “By measuring bone turnover in prostate cancer patients, we can determine how well they do.”
Healthy bone maintains a balance between formation and resorption, generating new bone while recycling old. Prostate cancer throws off this balance. Researchers hoped this mechanism would help them track the cancer. To investigate this potential link, the team tested blood serum in 778 patients for both resorption (N-telopeptide, pyridinoline) and formation markers (C-terminal collagen propeptide, bone alkaline phosphatase) and found elevated levels of each of the markers predicted poor prognosis.
Perhaps most interesting, elevated marker levels also predicted whether patients would respond to a specific drug. About 6 percent of patients with the highest marker levels responded to atrasentan, and investigational drug abandoned because it failed in clinical trials. Lara and colleagues believe this may be related to study design.
“Atrasentan kept coming up short in randomized trials because the drug only works for a small group,” Lara said. “Because certain drugs only succeed in a fraction of patients, drug makers need to factor in these bone metabolism markers in their trial design. They need to target the patients most likely to benefit.”
In addition to determining which patients might respond best to a specific treatment, these markers could be used to track their response during treatment. Marker status could also stratify patients equally within different study arms. Balancing these studies could potentially make them more accurate and identify the niche value of drugs like atrasentan whose effectiveness is not evident in large populations.
“I think the days of doing empirical studies on all comers should end,” Lara said. “You need to have an appropriate database of patients and perform a rigorous analysis to find the subset who will benefit from an investigational drug.”
The study’s title is Serum Biomarkers of Bone Metabolism in Castration-Resistant prostate Cancer Patients With Skeletal Metastases: Results From SWOG 0421.
Other researchers included: Philip C. Mack of the UC Davis Comprehensive Cancer Center, Erik Gertz and Marta D. Van Loan of the USDA Western Human Nutrition Center at UC Davis; Benjamin Ely and Catherine Tangen of the Southwest Oncology Group Statistical Center in Seattle; David I. Quinn and Amir Goldkorn of the University of Southern California Norris Cancer Center; Przemyslaw W. Twardowski of the City of Hope; Maha Hussain of the University of Michigan; Nicholas J. Vogelzang of US Oncology; and Ian M. Thompson of the Cancer Treatment and Research Center, University of Texas, San Antonio.
This research was funded by grants from the National Institutes of Health: 5R01-CA120469, CA32102, CA38926 and NCT00134056.
UC Davis Comprehensive Cancer Center is the only National Cancer Institute-designated center serving the Central Valley and inland Northern California, a region of more than 6 million people. Its specialists provide compassionate, comprehensive care for more than 10,000 adults and children every year, and access to more than 150 clinical trials at any given time. Its innovative research program engages more than 280 scientists at UC Davis, Lawrence Livermore National Laboratory and Jackson Laboratory (JAX West), whose scientific partnerships advance discovery of new tools to diagnose and treat cancer. Through the Cancer Care Network, UC Davis collaborates with a number of hospitals and clinical centers throughout the Central Valley and Northern California regions to offer the latest cancer care. Its community-based outreach and education programs address disparities in cancer outcomes across diverse populations. For more information, visit http://cancer.ucdavis.edu.
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The retail market for seasonal decorations has sparkled over the past five years, as consumers have ramped up their holiday spending. According to IBISWorld Industry Analyst Andy Brennan, “A greater number of consumers are spending money decorating their homes as they get into the holiday spirit.” The average amount spent per customer has also increased over the past five years, as per capita income has grown and consumer confidence has improved. Thousands of businesses across the United States have also come to the party, aided by increased corporate profit, which has reached a record level. As a result of these positive trends, industry revenue is expected to increase at an average annual rate of 6.3% over the five years to 2014. Growth is expected to slow slightly in 2014 as consumer spending tempers; however, the industry will still experience a merry year, increasing by 2.5% to $ 24.0 billion.
Selling seasonal decorations is now big business. The industry has expanded over the past five years as holidays such as Christmas and Easter have become increasingly commercialized. Focus has shifted more toward the material aspects of religious and cultural holidays than toward their intended traditional or historical purpose. Also, many consumers and businesses now decorate earlier in the holiday season. For example, it is not uncommon for Christmas decorations to hit store shelves well before Thanksgiving. For this reason, a growing number and range of retailers have started selling seasonal decorations, especially as a way to earn greater revenue during traditionally slow sales months.
Many of these trends are expected to continue over the next five years as consumers and businesses continue to boost spending on seasonal decorations. “The industry’s growth is expected to slow slightly over the outlook period, as its rapid period of growth curtails,” says Brennan. However, those enterprises with a commercial interest in the various holiday seasons will continue to aggressively market seasonal decorations, ultimately leading to higher sales. The industry will be aided by a rise in incomes and corporate profit, two major drivers of demand for seasonal decorations. The retail market for seasonal decorations is projected to expand over the five years to 2019.
The industry has a relatively low level of concentration. Besides Walmart and a handful of other large national retailers, seasonal decorations merchandise is retailed at small- to medium-size stores, which make up the majority of the industry and serve local markets. Despite price-based competition from large national retailers, local stores are often better suited to understand and serve the local community’s religious and other holiday observances. Similarly, local operators may be able to keep costs low by focusing on the retail of a few brands of seasonal decorations that serve a specific niche market. Concentration is likely to increase slightly over the five years to 2019, as supercenters and department stores expand their presence into local communities, increasing competitive pressure on smaller operators.
For more information, visit IBISWorld’s The Retail Market for Seasonal Decorations
in the US industry report page.
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IBISWorld industry Report Key Topics
Companies in the Retail Market for Seasonal Decorations industry sell seasonal decorations like Christmas lights and Halloween decorations. This report shows the size of the retail market for this product and includes sales from all major retail channels, including specialty stores, general merchandisers and internet retailers.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
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Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
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