DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/mtbdhn/smartphone_market) has announced the addition of the "Smartphone Market in China 2011-2015" report to their offering.
TechNavio's analysts forecast the Smartphone market in China to grow at a CAGR of 27.9 percent over the period 2011-2015. One of the key factors contributing to this market growth is the availability of low-priced smartphones. The E-commerce market in China has also been increasing use of smartphones instead of tablet computers and PCs. However, the high cost of production could pose a challenge to the growth of this market.
TechNavio's report, the Smartphone Market in China 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on China; it also covers the Smartphone Market in the China landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Commenting on the report, an analyst from TechNavio's Hardware team said; ''One of the emerging trends in the Smartphone market in China is the increasing use of smartphones for mobile banking services. The technology that allows mobile banking services in smartphones is the near field communication (NFC) technology, which is a short-range wireless technology. Chinese consumers are finding mobile banking services very useful because it helps them save time. With the help of the NFC technology, almost all banking transactions can be carried out easily using a smartphone and are also highly secure. Therefore, with these benefits, the use of smartphones in China for mobile banking services is increasing.''
According to the report, one of the major growth drivers for the Smartphone market in China is the availability of low-priced smartphones in the market. In China, local smartphone vendors offer smartphones at a very low price, helping the Chinese to easily afford smartphones. Also, the average income of Chinese consumers is not high, which forces them to afford only low-cost smartphones. Thus, all these factors are leading to the growth of the Smartphone market in China.
Key Topics Covered:
01. Executive Summary
02. Introduction
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Buying Criteria
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Impact of Drivers and Challenges
11. Market Trends
12. Key Vendor Analysis
13. Other Reports in this Series
Companies Mentioned:
- Nokia Corp.
- Samsung Electronics Co. Ltd.
- Huawei Technologies Co. Ltd.
- ZTE Corp.
For more information visit http://www.researchandmarkets.com/research/mtbdhn/smartphone_market