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Smartphone Industry Trends

Most of the segments of the smartphone industry are in an oligopolistic market, and the top ten companies in market share, or even say the top five companies, occupy the entire market. For example, in the operating system market, only Android and Apple systems form a duopoly. However, with the upgrading of technology and the increase of R&D spending and innovation capabilities, the voice of other smart phone enterprises has gradually increased.

The scale of the Chinese market tends to be stable, and the demand of the international market is higher than that of the Chinese market.Statistics show that China and Northeast Asia are currently the two largest smartphone markets, with a growth rate of about 5%. Africa, India, the Middle East, Central and Eastern Europe, Southeast Asia and the Pacific are currently using a relatively small base of smartphones, but the compound growth rate in the next six years will reach more than 10%. Among them, the markets of India, the Middle East and Africa, and Southeast Asia are expected to grow to the current level of the market size of China around 2023.

AI and 5G technologies lead the trend of mobile phone innovation and stimulate new market growth.In 2017, various innovations such as dual cameras, full screen, face recognition, and fingerprint recognition emerged in the mobile phone market.The maturity of AI and 5G technologies will bring wider upgrade space for smartphones. AI mobile phones and 5G mobile phones are expected to reach a rapid increase in market share, which will lead the medium and long-term development direction of smartphones.

At present, smart phone manufacturers have to increase their technical capabilities In circumstances of market changes.Technological innovation is the most effective way to drive smart phone development.

 

About Oriwhiz

We are committed to manufacturing and selling high-quality LCD screens to professional repair stores, foreign wholesalers and distributors, refurbishment companies, insurance companies, etc.Our goal is to become a respected enterprise, provide caring products for customers, and help customers solve problems 24 hours at any time,welcome inquiry/order,OEM/ODM is acceptable.Our main products include: iPhone LCD,iPhone Charging Port,iPhone Front Camera,iPhone Back Camera,iPhone ear speaker,iPhone Battery.etc.Not only iPhone related products,we also have mobile phone parts for Samsung,Huawei,Xiaomi Oppo,Vivo etc.

  • Jul 01, 2022
  • Category: Blog
  • Comments: 0
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