Tuesday, December 17, 2019

Mobile Phone Is An Essential Part Of Daily Life For...

Mobile phone is an essential part of daily life for billions of people around the world (Srivastava, 2008, Walsh et al, 2008). According to the International Telecommunications Union and the World Bank organization, there were approximately six billion mobile cellular subscriptions globally by the end of 2011. That is equivalent to 86% of the global population (The World Bank, International Telecommunications Union, 2012). The wireless internet access on mobile devices is one of fastest-growing global markets without any indications of slowing down (Loilier, 2013). The availability of mobile broadband has changed the online shopping preferences; for instance, more online shopping is being done by smartphones and tablets than on computers. According to a study by Millennial Media and comScore 51% of time spent on retail sites took place on either a tablet or smartphone compared to 49% on a desktop or laptop (Euromonitor International, 2014). The appearance of highly developed smart phones has also played a key role in the expansion of the mobile technology market (Kashyap, 2012). The smartphone industry over the past ten years has successfully managed to pave its way smoothly and be recognized as one of the few innovative technological device that’s has acquired global acceptance among users (Epsilon, 2013). Euromonitor International estimates that by 2014, 80% of all mobile phones purchased in the USA will be smartphones. As smartphones have become more common andShow MoreRelatedIs Mobile Phone a Boon or Bane?1587 Words   |  7 PagesMobile phone a ban or a boon. 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