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Feature per dollar possibly yes. Technology itself not necessarily.
The issue is the market was much more competitive 10+ years ago which led to rapid innovation and the need for rivals to keep up.
Today that no longer exists in so many areas so a lot of existing tech has stagnated heavily.
For example, Google Maps was a very solid platform in 2014 bringing in a ton of new navigation features and map generation tech.
Today, the most solid consumer map nav is probably Tesla's map which utilizes Valhalla, a very powerful open source routing engine, that's also used on openstreetmap and OSMAnd.
This is a very huge improvement from 2014 Google Maps.
Except the most used map app is still essentially 2014 Google Maps because Google cornered the market so they no longer have any need to innovate or keep up. In fact it's actually worse since they keep removing or breaking features every update in an attempt to lower their cloud running costs.
You can apply this to a lot of tech markets. Android is so heavily owned by Google, no one can make a true competitor OS. Nintendo no longer needs to add big handheld features because the PSP no longer exists. Smart home devices run like total junk because everyone just plugs it into the same cloud backend to sell hardware. The de facto way to order things online is Amazon. Amazon is capable of shipping within a week, but chooses not to for free shipping to entice you into buying prime, and because they don't have a significant competitor. Every PC sold is still spyware windows because every OEM gets deals with Microsoft to sell their OS package.
Even though the hardware always improves, the final OEM can screw it all up by simply delivering an underwhelming product in a market they basically own, and people will buy because there is no other choice or competition to compare to.
Steam deck: am I a joke to you
3M Steam Deck users vs 100M+ Switch users: Yes.
I actually hope Steam Deck's success does force Nintendo to take them seriously, but at the moment their market share is much less overlapped because the Deck primarily offers PC games, even though Switch emulation is possible too.
Also the $400 entry model price would sound even more appealing if the Switch 2 comes put with a similar price. At that point Steam Deck is a steal lol.