Industry Analysis & Industry Trends
Revenue for the Smart Phone Manufacturing industry in China has been increasing at an average annual rate of 48.8% in the past five years. In 2013, revenue is expected to grow 21.7% to $55.2 billion, mainly driven by increased exports and growing demand for second and third-generation (3G) smart phones. Exports are estimated to account for 86.4% of industry revenue in 2013.
With the rapid development of 3G technology, the abundant smart phone product portfolio, and competitive product pricing, demand for smart phones has been growing strongly. Production of smart phones has increased from 1.3 million sets in 2003 to an estimated 315.6 million sets in 2013.... purchase to read more
Industry Report - Industry Analysis Chapter
Revenue of the Smart Phone Manufacturing industry in China has been increasing at an annualized rate of 48.8%in the five years through 2013. Revenue in 2013 is estimated to total $55.2 billion, representing growth of 21.7% from the previous year.
Substantial growth occurred to the industry in the past five years, mainly driven by increased exports and growing demand for second and third-generation (3G) 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 295 to an estimated 411.
China is the largest manufacturing base for smart phones in the world, producing 20.7% of the global output... purchase to read more