• Thu. Dec 1st, 2022

Industries dominated by mobile phone use

ByCindy J. Daddario

Jun 30, 2022

Mobile phones are considered an essential tool by most people. These relatively new devices have revolutionized our societies and personal lives.

Mobile phones have come a long way since the creation of the very first pocket cell phone in 1973.

Mobile phones and smartphones share some similarities and differences. In this article, we will use the term “mobile phones” to refer to smartphones.

However, cell phones can technically include all types of phones, including cell phones. Cell phones and smartphones share some similarities but are quite different overall.

Cell phones tend to be older mobile devices with reduced functionality and a limited range of applications.

Smartphones are mobile phones with newer features, including various applications and a digital assistant (Siri, Google Assistant, etc.).

According a recent study, 6.648 billion people currently own smartphones. This means that 83.72% of the world’s population owns one of these devices.

These numbers are expected to increase to 7.33 billion smartphone users in 2025.

As for mobile phone users, they are expected to increase further to reach 7.49 billion in 2025.

With this increase in mobile phone purchases, people are spending more and more time on these screens. Apps and System Options now allow users to check how much time they spend on their devices.

According to an international study, users spend an average of 4.8 hours a day on their phones.

It seems that younger generations use cell phones for longer periods of time than older generations. Another study showed that smartphone adoption in emerging economies “grew faster among younger generations” than among older ones.

Image credit: Tyler Lastovitch on Unsplash

Why has mobile phone consumption increased?

This increase in the consumption of mobile devices could be linked to the fact that these objects are useful both in our professional and social lives. For this reason, they seem to have become invaluable.

The Covid-19 pandemic has only reinforced the use of mobile phones and their popularity. Since the start of the health crisis, more and more individuals are turning to digital.

A recent study found that personal mobile phone ownership in the UK increased between 2019 and 2020.

What industries used mobile phones?

Many industries have even chosen to be accessible via mobile phones. These industries include the banking, insurance, and retail sectors, among others.

Social media is an important tool for many industries as a marketing and advertising platform. Through social media, industries can reach out to their customers and advertise their latest products.

sports betting

The vast majority of users find it very convenient to access these various services and industries via mobile phones. This saves them from having to travel in person to different sites.

Sports betting is an example. A few years ago, individuals could only bet in person, in a betting shop.

Nowadays, with many sports betting sites available on devices like mobile phones, individuals can place their bets from the comfort of their homes. Betting is now more accessible than ever.

In the UK, sports betting apps have led to an increase in legal online gambling, boosting the industry.

Banking and finance

In banking, mobile apps are also becoming a popular phenomenon. They reduce the amount of paper typically used for physical bank statements, providing a more environmentally friendly solution.

They are practical for users who no longer have to store papers at home and who depend on physical banks. Now customers can log into their banking app to manage their budget and savings and transfer money from one account to another.

The apps have also made it easier for those looking to invest their money. There are several mobile phone apps that help users to invest and keep an eye on the market value.

Image credit: CardMapr.nl on Unsplash

Detail

Mobile phones also allow you to shop quickly, discover new brands and track your past orders. With the emergence of many retail apps, customers can view sales and learn about the latest trends.

Entertainment and social media

The entertainment industry also relies on mobile phone users to increase its sales and content consumption. With streaming apps such as Netflix and Amazon Prime, users can watch movies and series on their devices.

Social media is another industry that relies heavily on the use of mobile phones. This is because most social media apps have been designed specifically for mobile phone use.

Social media apps allow other industries and brands to get exposure and target their customers.

Thanks to these different applications and industries, mobile phones now allow individuals to stay connected and find everything they need.

Indeed, mobile phones also include sports apps and health apps that help you stay in shape. These days, most devices even track the number of steps you take per day to ensure you maintain a healthy lifestyle.

If you have a specific hobby, cell phones are also handy. They allow you to access almost all of your hobbies, learn new skills, and connect with other people who share the same interests as you.

Whatever your hobby, there is almost certainly an app for you or an existing virtual community.

Industries that are already dominated by mobile phone use will continue to grow, expand and depend on these devices.

Other industries, which have not yet converted to mobile phone use, will most likely do so in the near future.

One thing is certain, mobile phone use is not declining and will only continue to shape our modern world.

(Devdiscourse journalists were not involved in the production of this article. The facts and opinions appearing in the article do not reflect the views of Devdiscourse and Devdiscourse claims no responsibility for them.)