Trends: Mobile Phone Usage

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Market Disposition: Market statistics tell us that South Korea is the world's leader in using the mobile phone to purchase goods from vending machines, stores, etc. ... Surprisingly, the U.S. is behind many parts of Asia and Europe when it comes to the practical use of technology because it's currently cost prohibitive over here in the States. In order to make it happen, these companies must willing to embed hardware that will allow these types of transactions to occur.

Due to the U.S. past infrastructure investments (copper wire/fiber phone lines that we use) and current pricing policies, (i.e. being charged for incoming calls, effective cost/minute, etc.) and broadband penetration, U.S. companies lag behind the rest of the world in the use of paperless payments (wire transfers vs. checks), mobile phone and mobile phone internet usage

Here is one interesting article on the state of mobile phone use and another interesting article on what the mobile phone future will be.