In the earlier passage, we saw that technology is progressing at a rapid pace. This can be touted to be the best reason for the popularity of tech gadgets. With the invention of transistors and micro controllers long with microprocessors, researchers could incorporate them in smaller circuit boards. Something that used to take a room or two during the early 40s can be assembled and held in the palm of your hands. With such propulsion, it is quite natural for people to wall for such tech gadgets.
The second factor can be attributed to the falling prices. Market research has revealed that people tend to buy gadgets when they are priced appropriately. In other words, if a product is sold at rates that make it accessible to an average person, then that product becomes a success. This has been happening from the 80s. One will find that everyone in the marketing field is employing such aggressive pricing tactics. Market studies have also revealed that bringing out more features for a lesser price will attract even more customers. This can be found in the common tech gadgets that are present in the current market.
Easy availability forms the next step in the entire paradigm. Imagine a reputed vendor is releasing a phone. What if it is made available in some selected countries in specified numbers? Such products will be a flop show. No one will ever bother to buy such products. People want global warranty for their products. They might buy the product from USA, use it on Malaysia, and might need servicing on India. The mentioned product must be made available in all these countries in order to have a good service network. People are intelligent as they look at such factors before investing on a product.
The fourth factor is a slight variation of the above-mentioned factor i.e. online availability and the presence of the internet. How do people know about the latest tech gadget releases? Well, of course with the help of the internet. There are numerous blogs where millions from all over the world are known to flock daily, so that they might learn something or the other about the latest gadgets. The presences of such blogs have created a fan fare, a group of devoted followers who will be investing on quality tech gadgets.