The mobile industry is a subset of the telecommunications industry focused on mobile phones, phone service, and peripheral devices. In the 1990s and 2000s, this industry experienced rapid growth as a result of significant advances in mobile technology and increasing consumer demand for mobile products.
There are a number of elements to the mobile industry. Mobile phone producers are one aspect, covering everything from companies supplying raw materials to distributors fulfilling orders for mobile phones. Service providers are another category of the cellphone industry; many of these partner with specific manufacturers to make branded phones and devices with special features. Manufacturers of smart phones, specialized modems for computers, tablet computers with mobile functionality, and similar devices are also part of the mobile industry. Likewise with producers of accessories.
Members of this industry include a number of multinational corporations with very wide reach, in addition to smaller companies offering localized services, like regional mobile phone providers. They are represented by a number of lobbies and professional organizations who work with regulatory agencies, manufacturers, and other interested parties to develop standards and practices for the cellphone industry as a whole. For example, in the 2000s, there was a push toward universal charging devices to make mobile phones easier to charge.
As with other aspects of the tech sector, the mobile industry in the 2000s attracted a great deal of investor attention and was pressured to rapidly roll out new products, as well as improvements to their existing products. Global coverage with mobile phone service also became a topic of interest; in some regions, people skipped landline service altogether for telecommunications, jumping directly to mobile phones because the network was cheaper and easier to implement. Stock indexes focusing on telecommunications and the mobile industry provided a method for investing easily in companies of interest, stimulating trading in shares related to this industry, as well as telecommunications in general.
Employment opportunities in this industry are highly varied. Engineers, technicians, repair personnel, and similar workers are needed for building and maintaining devices and cell towers. Marketing professionals are involved in the development of ad campaigns, and customer service personnel are needed to sell products and services. Creative professionals interested in visual design and aesthetics are also in demand in the industry for companies working on developing phones with specific aesthetic characteristics.