EL SEGUNDO, CA – Sales of electronics equipment will maintain growth rates this year, as global revenue will rise 6.7% to $1.47 trillion in 2007.
iSuppli (isuppli.com) predicts. The research firm estimates sales rose 6.6% last year.
Data processing will be the fastest-growing segment, comprising some 28.8% of total electronics revenue. The sector is expected to grow 9.1% to $421.7 billion in 2007. Wired communications expand 7.2% $101.4 billion. Consumer electronics will grow 6.4% to $327.2 billion, the firm says.
Higher unit shipments and average selling prices will boost PCs, datacom’s largest segment. PC shipments will rise 10.2% to 262.9 million units in 2007. Dual-core microprocessors and the availability of a Microsoft’s Vista will spur growth, says iSuppli.
Meanwhile, three other segments will decelerate. Wireless communications will cool considerably, predicts iSuppli, growing 4.9%, after expanding 8.7% last year. Automotive and industrial will grow 4.5 and 5.7%, respectively, down slightly from 4.8 and 7.5%.