Investments in shares of wireless technology companies and wireless providers happen to be particularly profitable within the post-dot com era. The wireless industry is in the sweet spot from the technology space. Bountiful online business offerings exist as wireless usage is constantly on the increase in both developed and emerging markets. And driving this usage higher are new products such as smartphones whose capabilities are augmented from the deployment of third generation (3G) wireless networks.
Smartphones are more than mobile phones. A smartphone is often a mobile phone with built-in functions of a smartphone. Smartphones pack an easy variety of features and functionalities to the handset that creates them a mobile information center and entertainment device for that user.
Smartphones commonly include features including browsing the web, e-mail, and multimedia capabilities. Certain designs have enough horse power to perform complex software applications for example enterprise customer relationship software and car navigation programs.
A full-featured QWERTY-type keyboard, Ipod, and Geo Positioning Systems capability have grown to be common among higher-end smartphones. Im can be a cool feature making its distance to the mainstream.
Smartphones, An expanding Segment from the Handset Market.
Smartphones represent a little, yet growing, segment in the handset market. In accordance with Strategy Analytics, smartphone sales at 17.5 million units in 2004 taken into account 3% with the worldwide sales of 684 million handsets. However, this represents a significant jump in the 8.Two million units bought from 2003.
The need for smartphones is projected growing rapidly within the future years. By 2009, the quantity of smartphone units sold is estimated to succeed in 125 million or 16% of total handset sales worldwide. What this means is a 48% compound annual rate of growth in smartphone unit shipments in the 2004-2009 period.
Smartphone Early Adoption Led by Asia and Europe.
Adoption of smartphones has been particularly rapid in Asia and Europe. The aggressive deployment of advanced wireless networks over these regions has encouraged early adoption of smartphones.