SAN FRANCISCO—Rapidly growing sales of multifunction products like media tablets and smartphones are coming at the expense of demand for single-task consumer electronics products, according to market research firm IHS iSuppli, which projects sluggish sales for single-task devices like MP3 players and digital still cameras through at least 2015.
Shipments of smartphones and tablets will rise at compound annual growth rates (CAGRs) of 28.5 percent and 72.1 percent, respectively, for the years 2010 to 2015, according to IHS. Meanwhile, shipments of portable navigation devices (PNDs), portable media players (PMPs)/MP3 players and digital still cameras (DSCs) will either decline or remain flat during the same period of time, according to the firm's projections.
Tablets, Smartphones, IHS, Consumer Tablets, smartphones hit sales of CE devices