The forecasted recovery in 2010 is projected to be 6.7%.
 
According to Henderson key regional performance predictions for 2009 and 2010 are:
 
United States – 2009 will see a decline of 4.4%, 2010 an increase of 4.3%.
Japan – 2009 will see a decline of 5.3%, 2010 an increase of 4.6%.
Western Europe – 2009 will see a decline of 6.0%, 2010 an increase of 3.8%.
China – 2009 will see an increase of 2.3%, 2010 an increase of 10.1%.
 
If the forecast holds up, every region except China will contract over the next two years compared to 2008's projected volumes, Henderson said. The decline is a result of contracting demand. Declines in commodity prices in 2009 should allow some equipment manufactures to maintain profitability.
 
According to Henderson, mobile markets will be hard hit with cutbacks forecast for previously planned 3G rollouts that will dampen handset sales. Overall, handsets sales are predicted to decline 3.2% in 2009, then rebound with 10.3% growth in 2010. 2008 handset sales are projected to be up 6.2% for the year.  
 

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