Industry Analysis & Industry Trends
Revenue for the Smart Phone Manufacturing industry in China is estimated to increase at an average annual rate of 40.6% over the five years to 2016. In 2016 alone, revenue is expected to grow 26.1% to reach $127.5 billion, mainly driven by increased exports and growing demand for third- and fourth-generation (4G) smart phones. Exports are estimated to account for 71.4% of industry revenue in 2016.
With the rapid development of 3G and 4G technology, an abundant smart phone product portfolio and competitive product pricing, demand for smart phones has been growing strongly. In late 2013, the Ministry of Industry and Information issued 4G licenses to China Mobile, China Unicom and China Telecom, further spurring demand for smart phones and the development of the industry.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Value-added for the Smart Phone Manufacturing industry in China is expected to grow at an annualized rate of 30.4% in the ten years to 2021, much higher than China's annual GDP growth of 6.5% over the same period.
Substantial growth occurred to the industry in the past five years, mainly driven by increased exports and growing demand for third-generation (3G) and fourth-generation (4G) smart phones. High growth has led to the rapid development of domestic manufacturers and their sales networks. Over the period, the number of smart phone manufacturers has increased from 357 to an estimated 467.
Distribution channels for smart phones used to be mainly electronics stores... purchase to read more