Preview

Study of Consumer Behaviour for New Product Development (High-Tech Gadgets)

Good Essays
Open Document
Open Document
516 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Study of Consumer Behaviour for New Product Development (High-Tech Gadgets)
The technological advancement in the past ten years has brought drastic changes to the life of mankind. It not only helps in saving time and human effort, but also simplifies the access to information and brings people together from different places. The galloping development of technology has no doubts bringing benefits to average people’s life. Diverse high-tech gadgets applying the latest technologies therefore have emerged. Consumers integrate those high-tech gadgets into their daily life. Nowadays, high-tech gadgets are an integral part of the life of mankind.

Smartphone is one of the most distinguished technological gadgets in the digital era. It is a mobile phone that can be used as a small computer (Cambridge Dictionaries Online). Most smartphones have the capability to display photos, play videos, check and send e-mail, and access to the Internet. Modern smartphones support third-party applications, which provide limitless functionality (Techterms.com).
Increase popularity of smartphones can be noticed. According to Gartner statistics, 417 million new handsets were sold in the third quarter of 2010, which increased 35 percent from third quarter 2009.Within these new phone sales, smartphone sales grew 96 percent from the third quarter last year, and smartphones accounted for 19.3 percent of overall mobile phone sales in the third quarter of 2010 (Gahran, 2010).
The popularity of smartphone can be observed in Asia Pacific as well. Harun (2011) pointed out “[p]enetration of smartphones stands at more than 40 percent in Western Europe and 38 percent in the U.S. as consumers snap up the latest models and download apps. While fewer than 20 percent of Asia Pacific mobile users currently have smartphones, interest in upgrading is high: nearly half of consumers intend on buying a smartphone in 2011, according to Nielsen research.”
Predictably, the prevalence of smartphone will penetrate into China, especially at the period when Chinese economic growth is

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Annotated Bib

    • 335 Words
    • 2 Pages

    This article discusses statistics associated with smart phone users. The number of smart phone users is expected to increase to at least one billion within the next year. Dufau explains how the use of smart phones will continue to revolutionize.…

    • 335 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    The demand for smart phones has increased over time. One factor that has been affecting this increase is technological advances. New technology allows consumers to do more with their phones so they are switching to using smart phones over home computers, home phones, and navigation systems. Also, the age of consumers that are using a smartphone is getting younger and it increases the amount of consumers in demand.…

    • 1708 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Entner, R. (2010, March 26). Smartphones to Overtake Feature Phones in U.S. by 2011. Retrieved…

    • 717 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Eco 306 First Assignment

    • 843 Words
    • 4 Pages

    We are living in a digital world. With smartphone or other types of portable devices, we can easily communicate with friends, read latest news, check emails, listen to music and watch videos on-the-go. According to comScore Mobilens’ report, 133.7 million people in the U.S owned smartphones (57 percent mobile market penetration) during the three months ending in February, up 8 percent since November. In October, 2010, smartphone market penetration was only 29.7%.…

    • 843 Words
    • 4 Pages
    Good Essays
  • Better Essays

    In today’s society the cell phone market is a huge competitive industry for cell phone companies. There have been studies that show that half the world has cell phone accounts. One attribute that defines the cell phone market is the idea of consumers is giving up their land line phones. This has caused a large influx of customers into the market for cell phones. As technology continues to advance, a variety of cell phones are developed and marketed to different areas across the nation. Cell phones are available for business and social purposes such as social networking, text messaging, retrieving e-mails and for playing games.…

    • 1576 Words
    • 7 Pages
    Better Essays
  • Better Essays

    According to the Nielson 2010 Media Industry Facts, “223 million people in the United States are cell phone users, with 16.7 million being web users and 18% being smartphone consumers respectively” (Tippin, 2010). Global cell phone users have increased with the highest being in the Asia-Pacific region over the past decade. Those companies dominating the market in cell and smartphone use are in orientation of greatest to least: Nokia, Samsung, LG, Motorola, and Sony Ericson (Tippin, 2010). The Sonic 1000, desires to reach the status of these cell and smartphone brands listed above. However, new research associated with these phone brands shows greatest competition with the Android phones, Blackberry’s, and iPhones. These phone types have been able to appeal to the markets of young business professionals, medical consumers, college, and high school students due to its various applications, social networking abilities, internet, and Wi-Fi capabilities. One other advantage suggests the connection of the iPhone, Blackberry, and Android phones with…

    • 8780 Words
    • 36 Pages
    Better Essays
  • Powerful Essays

    The cell phone market is a massive market; some studies conclude that more than half of the United States has cell phone accounts (Simon, 2004). One attribute that defines the cell phone market is the idea of consumers giving up their land line use. Many individuals are now giving up their land line use in favor of using only a cell phone. This causes a large influx of customers into the market for cell phones. As technology continues to advance new types of cell phones are developed and marketed to different segments of the population. Now cell phones are available for business purposes and social purposes such as social networking, text messaging, or gaming, and the leader in cell phone sales is Apple Inc.…

    • 1977 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Week6 Final Proposal

    • 1589 Words
    • 5 Pages

    The industry of smartphones has been rapidly increasing since the development of the touch screen and smarter technology for the mobile phone business. When touch screens and advanced 3G/4G technology was introduced, people trended away from flip-phones and Motorola © Razors to iPhones, Samsung Galaxies, Windows HTCs, and other substitutes.…

    • 1589 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Cellular devices have impacted our lives in many different ways since 1973. Cellular phone has evolved into something far more complex over the past decade – a smartphone. Simply put, a smartphone is the combination of Personal Digital Assistants (or PDAs), cellular device, and internet. Users are able to receive e-mail, edit documents, play games, and make phone calls with this simple handheld device. Smartphone has become a very popular product over the past few years. According to Pew Research Center and Statista, roughly 50% of the adults (age: 18-44) in the United States own a smartphone in 2011. Consequently, many wireless providers and manufacturers have changed their production and marketing strategies constantly to adapt to the current demand.…

    • 3703 Words
    • 15 Pages
    Good Essays
  • Good Essays

    Jhbbh

    • 1294 Words
    • 6 Pages

    “The mobile is the most important technology in your life....except possibly the respirator” Doug Grinspan (Say Media) SXSW 2013…

    • 1294 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    • Over 50% of Americans now own a smartphone1 • Globally, mobile devices will outnumber PCs next year2…

    • 1168 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Wifi Security

    • 11048 Words
    • 45 Pages

    accessible on the Internet. The Author warrants that she is the author to the Work, and warrants…

    • 11048 Words
    • 45 Pages
    Powerful Essays
  • Powerful Essays

    People all over the world now have smartphones as a necessity. According to Birkner (2012) “By the end of 2012, there will be 137 million smartphone users and 132 million users accessing the mobile Web, according to Cambridge, MA based Forrester Research Inc.”…

    • 2044 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Technojets

    • 3622 Words
    • 15 Pages

    Smartphone business is one of the rapidly expanding industry segments nowadays after Apple revolution in…

    • 3622 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    ICT Methods

    • 657 Words
    • 3 Pages

    AFP. (2008). “Mobile Phone Users Top 3.3 Billion”. Sydney Morning Herald. [Online], available: http://www.smh.com.au/news. [Accessed 14th November 2013]…

    • 657 Words
    • 3 Pages
    Good Essays