Despite rising gas prices, a global financial crisis, increasing unemployment rates, and numerous reports proclaiming that they cause cancer, cell phones remain as popular as ever, and the mobile phone industry is even expected to boom in the next five years! According to ZDNet
, although average revenue per user is expected to decline, the number of users will rise.
The reason? Growth in emerging markets for cell phones is astounding. An analysis conducted by Portio Research predicted that the percentage of the world’s population that uses of mobile-phones will increase to 80% in 2013 from the current 50% now, which amounts to 5.8 billion people. The expected number of cell phone users is expected to reach 4 billion this year alone!