Enhanced Product Simulation

Capitalism Lab’s new dynamic feature unveils an exciting evolution in product categories: the introduction of newer products progressively supersedes older ones.

Consider this example: traditional mobile phones will gradually be superseded by camera phones.

Mobile phone

Camera phone

Smart phone

Moreover, the transition becomes much more fascinating with the introduction of smartphones. The majority of camera phone demand will eventually transition to smartphone demand, indicating a shift in consumer tastes in favor of more modern technologies.

As digital technology refashions the landscape of photography, the shift from analog to digital cameras is inevitable.

The growing popularity of tablet computers will have a detrimental impact on notebook computer sales. However, tablet computers will not fully replace notebook computers since notebook computers will continue to grow technologically, increase their value propositions, and have reasonable market demand.

This new feature vividly illustrates this real-world dynamic, enhancing your immersive experience of market evolutions!