Mobile Growth - End in Sight? - InformationWeek
IoT
IoT
News
Commentary
2/6/2009
09:14 PM
Paige Finkelman
Paige Finkelman
Commentary
50%
50%

Mobile Growth - End in Sight?

The cellphone industry has seen phenomenal growth over the years. There are over 6 billion people on Earth that own mobile phones for both personal and professional use. But at what point does this market's growth taper off? Exponential growth year over year is not sustainable, and some of the recent earnings statements are highlighting the growth's end is near.Motorola recently announced their 4th quarter earnings and sales were $7.14 billion, down 26 percent from $9.65 billion in the fourth quarter of 2007. One could point the finger of blame at the economy, but perhaps a bigger issue is at hand: market saturation.Smart phones enable a new way of communication beyond voice. The Web and SMS are now part of the cellular industry and remain an integral way to exchange data. New data applications will create new revenue streams for the industry, but the explosive growth we've seen the last 5 years is slowing down. Handset manufacturers can't rely on consumers and enterprise users to continually upgrade to a more expensive model.For more insight into this downturn, take a peek at this New York Times article.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
2017 State of IT Report
2017 State of IT Report
In today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends for 2018
As we enter a new year of technology planning, find out about the hot technologies organizations are using to advance their businesses and where the experts say IT is heading.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll