en
smartphone market
/ˈsmɑːrt.foʊn ˈmɑːr.kɪt/
Definition
1
The global economic sector consisting of the manufacturing, distribution, and sale of handheld electronic devices that combine mobile telephone functions with computing capabilities.
2
A competitive arena where tech titans spend billions trying to convince you that your perfectly functional phone is suddenly an ancient brick.
Examples
The smartphone market has become a place where every year feels like the year of the exact same camera upgrade.
I told the salesman I wanted a budget phone, but the smartphone market apparently thinks my budget is equivalent to a small yacht.
Watching the smartphone market evolve is a great way to learn how to justify spending a grand on a device you mostly use to doomscroll at 3 AM.