China Smart Phones Market Overview
With around 366 million shipments of the smart phone devices across the country in 2019; the China Smart Phones Market was valued around at US $xx billion in the year 2019, and is projected to reach $xx million by the year 2026, growing at a CAGR of almost 12% during the forecast period.
The report covers the detailed analysis of the China Smart Phones industry with the classifications of the market on the basis of Operating System, Price Range, Distribution Channel, and city. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.
China Smart Phones Market Introduction
Smart Phones are the mobile devices, which are integrated with maximum functionalities of computing along with the cellular operations. They differ from the regular phones on the basis of their enhanced hardware capabilities and specific mobile applications.
The increased use of handy devices, providing all the features just on a single click and the enhanced wireless network communications are the two major factors responsible for the higher penetration of the smart phones market, worldwide. Moreover, China holds the position of being the largest market of manufacturing, in the smart phones industry, due to easy and cheap resources available in the country.
China Smart Phones Market: Top Key Players
The report has profiled fifteen major brands in the market from different cities. The report also has considered the followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each country is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for future estimations in the market.
China Smart Phones Market
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As per the study, Chinese brands lead the smart phones market, across the globe, owing to the low price of the devices as compared to the brands of other countries’ smart phones. Furthermore, it is the Huawei communications which accounted for a highest market share as compared to the other brands, operating in China. However, it is also been observed that the smart phones market in china is being declined, for the 10th consecutive quarter in q4 of 2019. The only company which saw the rise in sales was Apple, which reported a 6% rise in yearly sales in the country, owing to its launch of Iphone 11 series.
Other Key Players in the China Market for Smart Phones
• Apple
• Samsung
• Google
• Huawei
• OnePlus
• Xiaomi
• LG
• Oppo
• Vivo
• Nokia
• Motorola
• HTC
• Realme
• Sony
• Blackberry
COVID – 19 impact on Sales of Smart Phones in China
The outbreak of a tiny virus halted every economic activity, due to the various reasons like fear of being lockdown restrictions imposed by various governments, and so on. The smart phone industry, was not an exception to it, and was declined almost by 11% in 2020. Even in the last quarter of 2020, the leading manufacturer in the market, Huawei accounted for a decline of 22% in its sales, which was around 41% in the third quarter of 2020.
Scope of China Smart Phones Market: Inquire before buying
The China market for Smart Phones is studied under three major segments and further into sub-segments to forecast the market size by value.
China Smart Phones Market, by Operating System
The smart phones market, on the basis of operating systems is classified into –
• Android
• IOS
• Windows
• Others (Blackberry, Tizen, etc)
The Android Operating System is expected to witness the highest market share during the forecast period.
China Smart Phones Market 1
The Android Operating System accounts for a largest market share in the smart phones category, followed by IOS with a very lesser amount of share in the China Market specifically. The higher market share of android could be attributed to the launch of Xiaomi android phones, which penetrated the market due to the high range of features at a very low price than the other brands.
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China Smart Phones Market, by Distribution Channel
The China Smart Phones market, on the basis of distribution channel is classified into –
• Online Distribution Channel
• Offline Distribution Channel
The Online Distribution Channel contributed a relatively larger share in the China market for Smart Phones, during the year 2020.
China Smart Phones Market2
The rise in the online distribution channel market share could be attributed to the deals and festive sales on various E – commerce sites for the smart phones, in China. On the contrary, the offline distribution channel also witnessed a positive growth of more than 30% in the year 2020, as compared to the sales in previous year.
China Smart Phones Market, by Price Range
The China Smart Phones market, on the basis of Price Ranges is classified into –
• Budged Phones
• Mid – Range Phones
• Premium Phones
The Mid – Range Phones contributed a relatively larger share in the China market for Smart Phones, during the year 2020.
China Smart Phones Market, by City
The report covers the major 5 cities in the China Smart phones Market, their market share, growing trends, are profiled considering the forecast period.
• Shanghai
• Beijing
• Guangzhou
• Shenzhen
• Tianjin
Shanghai Holds the Largest Market Share in the China Smart Phones Market
China Smart Phones Market3
The report also helps in understanding China Smart Phones Market dynamics, structure by analyzing the market segments and projects the China Smart Phones Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, and growth strategies in the China Smart Phones Market make the report investor’s guide.
This Report Is Submitted By : Maximize Market Research Company
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