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Cellular Phone Markets Cellular markets around the world have steadily grown stronger over the past twenty years and show no signs of slowing down. Many people speculate that the growth will plateau reasonably soon and begin a steady decline due to market saturation. The US cellular markets are especially scrutinized as they are doing impressively well. Many believe that the cellular market in the United States might never reach a point of decline. When the US cellular markets first began to grow in the 1980’s, only a few thousand cell phones were sold in the United States. Today, US cellular markets report that over 100 million cell phones have been sold in and cell phone subscription statuses are at an all time high. The average ‘life’ of a cell phone for a single person in the United States estimated to be between one to two years before a consumer is in the market for a new cell phone. While that estimate doesn’t have concrete backing, the estimates are from regular rotating numbers of cell phones sold on a regular basis and show no signs of slowing. As technology advances, US cellular markets are on the brink of many developments for improvements and features offered on cell phones. Most businesses have discovered that US cellular markets offer them an advantage in the amount of wireless freedom cell phones can offer anyone who needs to multitask or be in more than one location at regular intervals. With Internet browsing, text messaging, voice mail, contact lists and a number of other ‘hands-free’ features, US cellular markets are quite savvy when it comes to understanding the needs and desires of the consumer and deliver on a regular basis. US cellular markets are one of the few that have the opportunity to continue advancing in technology and accessories for cell phones. With cell phones and upgrades, US cellular markets continue to grow every year and show no signs of slowing down.
This article was posted on February 17, 2006
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