New tech industries start small but can grow into permanent, billion-dollar slices of infrastructure. Sometimes that seems to happen overnight — like with smartphones.
And sometimes it takes years — like with the dumbphones that grew like mold from the mid-1990s through the late 2000s.
And now, for example, the prevalence of smart mobile devices has spurred the mobile app industry, an entirely new piece of infrastructure which supports thousands of companies and billions of dollars in sales.
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