Wednesday 11th March 2009

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mobile phone money economy 300x199 Impact of Economy on Mobile Phone Market

The changes in the economy are affecting every single industry out there. However, different industries (and different segments within industries) are being impacted in very different ways. Whereas some types of businesses are really going under, others are hanging in there and a few (like businesses supplying churches with products and services) are actually doing well in the new economy.

As someone who researches and writes regularly about the mobile phone market, it has been really interesting to see how this industry has been affected by the change in the economy. People still need mobile phones but they’re making different (smarter) choices about which handsets to buy and how to take care of them so that they last longer.

Certain segments of the mobile phone industry are thriving (application downloads, mobile VoIP services) whereas others are having trouble (handset sales in general are down, for example). Learn more about the many changes from my recent article entitled 10 Changes the Economy is Causing for Mobile Phones.

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