English Language · English
Read the passage and answer the question: The cell phone and smartphone industry in the Philippines is a thriving and growing business. The number of people owning a cell phone has jumped from 14.8 million in 2013 to 27.5 million in 2016. It puts the Philippines as the third largest cell phone user in Southeast Asia. The trend is forecast to increase to 38.4 million users by the year 2020. Smartphone sales are trending up while feature phones are trending down. The compound annual growth rate (CAGR) for smartphones is +20% while CAGR for feature phones is -28%. The mobile market is dominated by Smart Communications and Globe Telecom. 3G and 4G/LTE services continue to spread, but SMS text messaging continues to be the backbone of growth in cell phone usage overall. What according to the author is the major factor of growth in overall cell phone usage?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Government support
- 2Increasing demand of feature phone
- 3Text messaging✓
- 4Higher quality network services
Correct answer
Text messaging
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