The US has seen a surge in smartphone use, with consumers spending more than $1 trillion on smartphones over the past five years.
A new smartphone has become a necessity in some households as the price of a smartphone is rising, according to the Consumer Electronics Association.
The association estimates that about 8% of the US population uses smartphones at some point each year.
But with the popularity of smartphones, there’s a risk of over-consumption of the devices, said Scott Wetzler, an associate professor at the University of South Carolina.
If the price rises too much, the devices may be difficult to maintain, he said.
It is important to remember that a smartphone will always be cheaper than a new TV.
The price of the smartphone will still fall as a result of the introduction of the iPhone and other new devices, Wetzling said.