Competition among Cell Phone Manufacturers - Mobile Phone Market Analysis

Competition among Cell Phone Manufacturers - Mobile Phone Market Analysis

Cell phones have become an integral part of the daily life almost every person that the cell phonemanufacturing and service industries have made it to the top spots of most profitable businesses. Majority of the people have become so reliant on cell phones and can not without it whatever stay in the house or out of the house.

With the advancements in technology of cell phones, it has made possible the introduction of various features in cell phones long time ago. Cell phones are basically used for calling people but it has come along from its inception and now possesses advanced and complicated features like text messaging, Bluetooth, radios and other innovations.

These entire market situations make the competition among cell phone manufacturers become so stiff that each company is putting most of its money to develop new features and cell phone models that would catch the attention of the masses and which would make them crave for more cell phones.

Cell phones are becoming smaller and thinner everyday but their capability is becoming more and more sophisticated. Cell phones have multi-purpose functionality that it has become the gadget of choice for most people. While the new features can mean good news to cell phone users, there is also the fear that the smaller parts and gadgets will be detrimental to the overall performance and reliability of the cell phones. Miniature parts for multi functional cell phones can mean less sturdy and easily damaged cell phones.

The continuous market research and developments being introduced by cell phone manufacturers into their products such as cell phones with MP3s is taking the competition into a another level. This time, the competitors are not only vying for a larger market share of cell phone users. They are also vying as to who can introduce the most innovative feature to new cell phones at the cheapest possible cost.

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