Wednesday, December 17, 2008
"MARKETS: Healthcare, wireless may still thrive in 2009"
While almost all segments of the electronics industry will be flat or decline in 2009, a few exceptions are possible, according to ABI Research, which predicts that video surveillance and telepresence will continue to "grow explosively" next year. Likewise, the use of Wi-Fi technology for healthcare will continue to expand and RFID technology could even benefit from the tough economic times, since RFID tags increase operational efficiency and boost profits. ABI also forecasts that GPS will continue to grow, especially personal navigation devices, and the smart phone market also will continue to grow in 2009.
BOTTOM LINE: The doom and gloom over next year's markets will not be universal, since there will be some segments that continue to grow despite tight credit, low consumer confidence and oversupplies.
Text: http://www.eetimes.com/showArticle.jhtml?articleID=212501007
Audio: http://homepage.mac.com/guitarmedia/interviews/rcjABI-08-12-17.mp3