China Smartphone Market size was valued at US$ 280.22 Mn. in 2020 and the total revenue is expected to grow at a CAGR of 13.3% through 2021 to 2027, reaching nearly US$ 671.60 Mn.
China Smartphone Market Overview:
China is one of the leading smartphone manufacturing countries in the globe and is expected to be continued to grow rapidly in the forecast period 2027. Xiaomi, OnePlus, Oppo, Realme, Huawei, Honor, Vivo, and iQOO are the smartphones brands in China. Smartphone sales in China improved slightly in the third quarter of 2020, increasing by 6% QoQ. However, the country's smartphone market was still down 13.3% year over year, and it had yet to recover to pre-pandemic levels. Online and Offline are the two distribution channels of the China smartphone market.