PDA market in hopes of 6.5% growth

As the economy improves and IT spending recovers, PDA manufacturers are also hoping for increased shipments to corporations. While growth will only be in the single digits, PDA shipments are forecasted to have a 6.5% Compound Annual Growth Rate (CAGR) over the 2003-2008 period, with shipments forecasted to reach 10.8 million units in 2004. In 2003, there were still 3 distinct tiers of products: low-end, middle-range, and high-end devices, with most companies offering devices with a range of functionality and prices.