WEST HARTFORD, Conn., April 10, 2014 /PRNewswire-iReach/ -- Global Information Inc. announces the addition of a new market research report "World Telecom Market for Connectors" at GIIResearch.com
The drivers for connector sales into the telecom market are largely based on consumer behavior - consumers of Internet connectivity, data centers and wireless applications. Today, everyone wants to be connected all the time, whether it is for work or leisure. As a consequence, this connection is becoming increasingly a wireless one.
According to a recent study by the US National Health Information Survey (NHIS) conducted by the Centers for Disease Control (CDC), more than 30-percent of all US households no longer have landlines. In addition, several studies have shown that nearly 90-percent of US adults now own cell phones. And, as generation Z (those born in the early 2000s) matures, this statistic will only increase.
In China, the fastest growing mobile market, the percentage of mobile-phone-only households is even higher - close to 50%. In fact, the number of mobile lines sold in China surpassed landlines nearly 10 years ago - in 2004. In 2012, more than 1.1-billion people in China had mobile phones and almost a quarter of them were Smartphones, according to data released by the Chinese Ministry of Industry and Information Technology. And, its mobile phone industry brought in more than $1.3-trillion in revenue - half of which came from outside of China.
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SOURCE Global Information, Inc.