Labels: The State of the Industry

North America and Europe—the world's most mature markets—cannot hope to match these growth rates; and in the U.S., GDP is forecast to reach 2.3 percent in 2012—slightly lower than the global average. This is still a better projection than that for Europe, where the IMF considers economic health to be weak, with concerns on a return to recession, sovereign debt, and high unemployment. The Euro zone is forecast at -0.6 percent growth, and countries outside the Euro, while not exhibiting negative growth, show limited possibilities.