Portable GPS devices, such as Garmin or TomTom, were once revolutionary, replacing paper maps for navigation. However, with the rise of smartphones and map apps, these devices became less popular, only surviving in niche markets, particularly for outdoor activities like hiking. Vine, a video-sharing platform allowing six-second clips, became incredibly popular for a while. It helped launch some users' careers, like Shawn Mendes. However, by 2016, many popular creators moved to other platforms, and Vine shut down in 2017. Despite its short lifespan, Vine's impact on the video industry remains significant. BlackBerry phones, once dominant in the 2000s and early 2010s, were beloved for their physical keyboards. However, as iPhones and Android phones became more popular, BlackBerry struggled to maintain its market share. By 2016, BlackBerry stopped manufacturing devices, and its services shut down in 2022. The rise of new tech left these once-prominent products obsolete, highlighting how quickly technological advancements can change the market.
Vocabulary :
• GPS (noun): A system that uses satellites to help people find their location or navigate to a destination.
• obsolete (adj): Outdated or no longer in use because something newer or better has replaced it.
• niche (noun): A specialized segment of the market for a particular product or service.
• revolutionary (adj): Causing a significant change or improvement.
• clip (noun): A short segment of video or audio.
• limelight (noun): The center of attention or public interest.
• market share (noun): The percentage of total sales in a particular industry that is controlled by a specific company or product.
• flooding (verb): To fill or cover a space or market with a large number of items.
• manufacturing (verb): The process of making products, especially on a large scale using machinery.
• impact (noun): A strong effect or influence on something.