Electronic equipment to generate $1.47 trillion in 2007

Following a rise of 6.6% in 2006, global revenue for all electronic equipment will grow by 6.7% to reach $1.47 trillion in 2007, up from $1.37 trillion the year before. The fastest-growing segment of the market in 2007 will be data processing, which is also the largest single part of the industry, representing 28.8% of total electronic equipment revenue for the year. Data processing revenue will rise to $421.7 bln in 2007, up 9.1% from $386.6 bln in 2006.

The second-fastest growing segment will be wired communications, which will expand to $101.4 bln in 2007, up 7.2% from $94.6 bln in 2006. Consumer electronics will come in third, with its revenue increasing to $327.2 bln, up 6.4% from $307.6 bln in 2006. PC shipments will increase to 262.9 mln units in 2007, up 10.2% from 238.5 mln in 2006.

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