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MIDs continue to grow at a very fast rate

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May 7, 2008

Overall sales of Mobile Internet Devices (MIDs) are expected to surpass $17 billion annually by 2014.

However, according to a new report from Strategy Analytics, Intel-based products will only take a minority share.

In its report “MID Heavyweights do Battle for $17 Billion Prize” Strategy Analytics say that MIDs represent the latest effort from computing, mobile and consumer electronics companies in creating a market for handheld gadgets that support the complete range of Internet applications familiar to PC users.

According to Peter King, director of Strategy Analytics Connected Home Devices, until Intel’s system-on-a-chip (SoaC) is available sometime next year, ARM-based vendors will have a window of opportunity to extend their market leadership.

The report predicts that global sales for this year will reach about 1 million units, and will continue to grow at an average annual rate of between 102 and 103 percent to reach 69.2 million units in six years from now.

King said he expects most MIDs will feature multiple wireless radios, including Bluetooth, Wi-Fi and cellular 3-G.

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Source: Strategy Analytics.




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