Industry Analysis & Industry Trends
Revenue for the Smart Phone Manufacturing industry in China is estimated to increase at an average annual rate of 58.1% over the five years to 2015. In 2015 alone, revenue is expected to grow 28.8% to reach $98.2 billion, mainly driven by increased exports and growing demand for third- and fourth-generation (4G) smart phones. Exports are estimated to account for 74.8% of industry revenue in 2015.
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 Key Buyers Chapter
The top four companies in the Smart Phone Manufacturing industry in China – Huawei, Apple, Samsung and Xiaomi – account for an estimated 48.8% of industry revenue in 2015. Industry concentration is moderate but has been decreasing over the past five years with the entry of many domestic players.
There are about 449 enterprises operating in the industry in 2015, up 4.2% from 2014. Competition among manufacturers has been increasing, with many leading players turning to mergers and acquisitions to increase market share. In 2011, Sony made Sony Ericsson its fully owned subsidiary, separate from Ericsson. In 2012, Google also took over Motorola Mobility. In early 2014, Lenovo purchased Motorola Mobility from Google... purchase to read more