At the end of 2006 there were nearly 2.7 billion mobile phone subscribers globally, according to research firm Informa Telecoms and Media. In 2007 Informa predicts that the total number of subscribers will top three billion for the first time, almost half of the world's population.
900,000 phones were being sold every 19 hours and mobile market is still continues to grow at a phenomenal pace.
Mark Newman said "The power of mobile communications just keeps on getting greater and greater".
Mobile TV is being touted as the next big thing. "A lot of people we speak to are just working out how to get email on their phone," said Mr Newman. "This could be the single biggest change of 2007."
The strongest demand for handsets is in the developing markets of India, China, Africa and Latin America.
