Reason of increasing phone price in 2019

           

         Every year many phone companies launches their new products with the minimum limit of price of phone so that buyers and sellers both have benefit from it. But in the year of 2019 many functions and systems of the phone is been upgraded that's why the chance of increasing price of phone is known. 

There are some massive changes with new phones on 2019 which increase phone price. 5G is also going to install on new smartphones also foldable design is made to install on new devices. These two are the main reasons of increasing phone prices in 2019.

This new powerful and high pricing top phone brands include Google, Samsung, iPhone, Huawei and OnePlus. The premium model phones like all mid-range phones are also cost more than 8% than earlier. Ben Wood, chief research analyst at CCS Insight, said, "Consumers are ready to pay premium for mobile phones because this is arguably the most important product of their lives."

Growing prices are not unusual at all. Faster, better components such as processors and cameras cost more. The financial burden of research and development on new materials also turns into final product. And also influences the cost of goods beyond inflation techniques.

Yes that's true!!- your phone coasts more every year-

From the data of last 3 years the new system installation on new out coming phones are increasing very quickly and so the phone price is increasing yearly. The data table of last 6 years is given here you can check it out below:

US PHONE PRICES FROM 2016-2018
	2016 (starting price)	2017 (starting price)	2018 (starting price)	% change of highest price from 2016 to current model
iPhone (cheapest)	iPhone 7: $649	iPhone 8: $699	iPhone XR: $749	15.40%
iPhone X	N/A	iPhone X: $999	iPhone XS: $999	0%
iPhone Plus/Max	iPhone 7 Plus: $769	iPhone 8 Plus: $799	iPhone XS Max: $1,099	42.90%
Samsung Galaxy	Galaxy S7: $650-695	Galaxy S8: $720-$750	Galaxy S9: $720-$800	15.10%
Samsung Galaxy Plus	S7 Edge: $750-795	Galaxy S8 Plus: $785-$850	Galaxy S9 Plus: $840-$930	17%
Samsung Galaxy Note	Note 7: $834-880	Note 8: $930-960	Note 9: $1,000	13.60%
OnePlus	OnePlus 3: $399	OnePlus 5: $479 / OnePlus 5T: $499	OnePlus 6: $529 / OnePlus 6T: $549	37.60%
LG G series	LG G5: $576-689	LG G6: $600-720	LG G7: $750-790	14.70%
LG V series	LG V20: $672-829	LG V30: $800-912	LG V40: $900-$980	18.20%
Google Pixel	Pixel: $649	Pixel 2: $649	Pixel 3: $799	23.10%

UK PHONE PRICES FROM 2016-2018
	2016 (starting price)	2017 (starting price)	2018 (starting price)	% change from 2016 to current model
iPhone	iPhone 7: £599	iPhone 8: £699	iPhone XR: £749	25%
iPhone X	N/A	iPhone X: £999	iPhone XS: £999	0%
iPhone Plus	iPhone 7 Plus: £719	iPhone 8 Plus: £799	iPhone XS Max: £1,099	52.90%
Samsung Galaxy	Galaxy S7: £569	Galaxy S8: £689	Galaxy S9: £739	29.90%
Samsung Galaxy Plus	S7 Edge: £639	Galaxy S8 Plus: £779	Galaxy S9 Plus: £869	36%
Samsung Galaxy Note	Note 7: £700	Note 8: £869	Note 9: £899	28%
Google Pixel	Pixel: £599	Pixel 2: £629	Pixel 3: £739	23.40%
Google Pixel XL	Pixel XL: £719	Pixel 2 XL: £799	Pixel 3 XL: £869	20.90%
LG G series	LG G5: £539	LG G6: £649	LG G7: £599	11.10%
LG V series	N/A	LG V30: £800	LG V40 ThinQ:	N/A
OnePlus	OnePlus 3: £329	OnePlus 5: £449	OnePlus 6: £469 / OnePlus 6T: £499	51.70%

Making a phone expensive Now is Right??

Mobile phone is an electronic device and electronic device are not made with only one part its the combination of many small small parts, and if the parts are cost more then obviously the phone price also increases. 

Demanding of more storage and more easy, useable, comfort and more secure are the one reason of increasing phone price. Like the three rear shooters of Huawei Mate 20 Pro, adding more sophisticated cameras like iPhone XS '3D depth sensing front-facing camera, or more lenses also costs more. And so use materials like glass or ceramic or strong aerospace-grade aluminum for the backing of the phone for the frame. 

                     

5G and foldable design push up the price of smartphone: 

In 2018 Apple and Samsung struggled with stable sales, but it did not prevent Apple from appearing particularly beautiful. In August 2018, it became a trillion dollar company, which was behind the high-income sales margin. After the sale ceases, phonemakers will have to increase their profits per device, and this can mean increasing costs.

These are the main reason of increasing phone price in 2019.

But still mid range phone could be affordable with much satisfied features.