Based on a recent survey, mobile costs in worldwide markets are likely to fall by about 70 percent by year 2015. According to the estimate, with growing competition among makers, in 2015, you will able to get any recent cell phone for less than $100.

According to a study conducted by Knowledge Process Outsourcing organization Evalueserve "With the increasing amount of subscribers originating from LMI ('lower-middle income') of promising economies, the typical size of the customer wallet is expected to shrink."

According to the research, since the demand from this end of market is growing, we can anticipate firms to focus on 5 years from now. An LMI ('lower-middle income) term describes economies with highest percentage of populace falling in lower-middle earnings group like China and India.

According to the study, these mobiles will not simply be low price, but will also offer various features to attract customers. The firm said in a media declaration that we are observing a change in consumer buying behavior.