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Launch of New Iphones to Fuel the Global Smartphone Market

Posted on: Oct-2017 | By: 9Dimen Group | Technology

The iPhone X was one of 3 new iPhone variants revealed at the first event at new spaceship campus of Apple, since the Cupertino-based tech major looked to spark new thrust in a worldwide smartphone market viewing tougher competition and slower growth. Apple also revealed a new iPhone 8 Plus and iPhone 8, which provide more modest enhancements over their precursors and will trade later this month at starting costs of $799 and $699, respectively. All 3 new smartphones will be able to charge wirelessly and are modified for augmented reality with more influential cameras and processors, thus boosting the Global smartphone market.

Rising digitalization and growing urbanization is the main reason behind the growth of the global smartphone market. Moreover, the rising awareness among the people regarding the advantages of  owning a smart device can also be held responsible for towering the growth of the global tablet and smartphone market. In addition to this, the growing trend among the users to own a smartphone is also one of the major reasons that is responsible for up surging the global tablet and smartphone market. Further, more and more competitors are getting down in the market making the competition tougher than ever. In order to grab the top position, the competitors are rolling out different devices with extraordinary features. Hence, customers are getting different options for buying these devices; and this factor indirectly drives the global tablet and smartphone market.

In contrast to this, even though many devices are available at affordable prices, most of the devices with desired features are out of the budget since they are associated with hefty cost. For instance, the new Apple iPhone X has a price tag of $999. This association of huge cost to the devices is the main reason that is hampering the global tablet and smartphone market. Also, the low durability and reliability of these devices is the main reason restraining the global tablet and smartphone market. In addition to this, the frequent dilemma of maintenance is also hindering the global tablet and smartphone market.

Well, for now, Apple has played its card for making sure that the global market does not tumble.