smartphone
smartphone. Photo by cottonbro from Pexels

In the 21st century, almost everything can be conducted with the use of smartphones. Cell phones are no more those devices that allow customers to only text messages and receive calls. Instead, they successfully replaced those things that were essential for everyday use or for several important operations.

For example, there was a time when you needed to buy a calculator or calendar, however, that’s not the case for smartphone users nowadays. Moreover, users are allowed to replace cameras with smartphones, which allows them to capture HQ pictures.

In addition to that, as the 21st century is a century of technologies, smartphones are becoming quite sophisticated and user-friendly. They allow users to conduct several operations within a minute. For instance, smartphones started to replace computers and laptops. The main reason behind this is that through technological development, smartphones now are so useful that they can provide customers with a plethora of services. You can do almost anything from your smartphone.

Today, it’s difficult to envision a day without the assistance of these multifunction phones, which have made our lives immensely comfortable by the opportunity to conduct a slew of relatively simple but critical chores with the few glances and touches of our thumbs. What enables these smart cell phones to be a one-stop-shop for our many demands? Here’s a quick rundown of some of the primary reasons why these little gadgets are a worthy successor to their huge predecessors.

Access to the Internet and Significant Applications

Our incredible mobile phones allowed us to estimate and calculate, react to emails, take notes and draw graphs and laptops on the move without relying on our desktops or laptops to perform these fundamental operations, which used to be their main features.

You can practically enter your essential business emails on your compact phone even within a few hours of the morning or chill out in one of the world’s farthest corners with all-time access to the entire suite of Microsoft Office, 24*7 Internet connectivity via wireless internet access, mobiles, and network speeds.

Moreover, one of the reasons why the demand for smartphones increases and they become more popular than PCs is Forex trading. The FX market is the largest market around the world and more and more people are starting to get involved in it.

Apart from that as a day-trading, one of the strategies in FX trading becomes more attractive for the investors, they start to replace laptops with smartphones. The main reason behind this is that smartphones are quite rapid for conducting operations, and the same goes for MT5, which is the application with both desktop and mobile version and according to the analytics of the brokers with MT5 trading platform, more investors tend to download the software’s mobile application, rather than the desktop version.

Moreover, it should be said that smartphones dominate laptops according to the statistics. For instance, internet time spent on music applications is anticipated to increase by 79%. Spotify estimated 50 million users and 12 million paying subscribers who stream music in 2015. 45% utilized desktop software, while 42% utilized cell phones. Tablets and web players were utilized by only 10% and 3% of respondents, correspondingly. Apple, on the other hand, boasted 15 million subscriptions to its Apple Music App.

According to new findings, two-thirds of podcast users listen on their mobile devices. It’s worth noting that the Apple Podcast App accounts for 78% of all podcast listening on iOS.

A lot of opportunities

Nothing denies that cellphones can make much of what laptops can do and everything the tablet can achieve with enhancements and advances in cloud capability. Globally, the smartphone population is 1,86 billion. In the fourth quarter of 2016, global revenues climbed by 7%.

Smartphones are continually innovative and produce quicker, simpler, and also more efficient new versions. A person may make a telephone call, send a text, read the news, make payments, post on social networking sites, look for a product they would want to buy, buy it, play a game, snap some really good photographs… It is difficult to compete with this type of comfort.

The smartphone is like the new Swiss Army knife. It’s capable of doing a little bit of everything. The phone is better at certain tasks than others, just as the Swiss Army knife is a brilliant knife but a dubious saw or set of scissors.

It’s great to know, though, that it could be a phone, a camera, a portable music player, a GPS gadget, an e-reader, or almost anything else you just want it to be. This may not be the greatest at many of the duties, but it is comforting to know that this can at a minimum perform tasks and that you have it with you almost always.

Mobile VS Desktop – in terms of usage

Smartphones are expected to be owned by 68% of American consumers, while tablets are owned by 45%. The number of people who own mobile devices and desktops has shifted dramatically throughout the years. For example, in 2004, only 65% of American adult consumers possessed cell phones, but by 2015, that proportion had climbed to 92%. In contrast, just 35% of American adults possessed cellphones in 2011, but this figure has climbed to 68% by 2015.

In 2014, a stunning 71% of American adults had a personal computer, such as a laptop or a desktop computer. In 2015, the figure had grown by only 2% to 73%. In 2010, just 3% of American adults possessed a tablet, but that figure has since increased to 45%.

According to a new analysis, MP3 and computer possession among youths has decreased since 2010. The survey, which included 18-29-year-olds in the United States, discovered that computer ownership among this demographic stayed steady in 2010 and 2011, at 88%, but climbed by only 1% in 2012. By 2015, the percentage of people in this age group who had a computer had decreased to only 78%.

In contrast, in 2010, 75% of young adults in this age group possessed an MP3 player, but by 2015, that figure had decreased to 51%.

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