Industry Analysis & Industry Trends
Revenue for the Smart Phone Manufacturing industry in China has been increasing at an average annual rate of 53.9% in the past five years. In 2014, revenue is expected to grow 21.2% to $68.9 billion, mainly driven by increased exports and growing demand for third and fourth-generation (4G) smart phones. Exports are estimated to account for 86.3% of industry revenue in 2014.
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. In late 2013, the Ministry of Industry and Information issued 4G licenses to China Mobile, China Unicom and China Telecom, further spurring demand for smartphones 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 35.8% in the ten years to 2019, much higher than China's annual GDP growth of 7.3% 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 330 to an estimated 431.
Distribution channels for smart phones used to be mainly electronics stores... purchase to read more