With the development of the Internet in recent years, the mobile phone industry has experienced rapid growth in mobile communication equipment. Market competition for major mobile phone brands is fierce. Market competition drives the development of the entire mobile phone industry. Aggregated in the mobile phone industry, market sales determine the mobile phone brand. An important factor in the market position of the commercial industry.

China is a country with a large population. Regarding the penetration and penetration of mobile phones, it has become the world’s largest smartphone market. Huawei’s mobile phones account for more than 40% of the sales of Chinese mobile phone brands, followed by Vivo, Oppo, and Xiaomi, Apple and other brands.

Research Report on China Mobile Phone Export 2020-2024

According to IDC data, in the competition in the Chinese smartphone market, the top 3 brands in mobile phone shipments are summarized. Huawei’s shipments accounted for the first place. In 2019, Huawei’s mobile phone shipments accounted for 38% of the total domestic mobile phone shipments. By the first quarter of 2020, Huawei’s shipments accounted for 42%.

2019 is an important year when 5G begins to become popular. For the emergence of 5G mobile phones, Huawei, ZTE, Xiaomi, OPPO, Samsung and other mobile phone brands have launched 5G mobile phones. 5G mobile phones have become the focus of competition among major mobile phone brands in 2020. The price range expected by the public is 2,000 yuan for 5G mobile phones.

Research Report on China Mobile Phone Export 2020-2024

In order to accelerate the popularization of 5G mobile phones, Huawei’s mobile phone brand will release the Kirin 820 mobile phone with 5G chip on March 30, 2020. The lowest price of the first Honor 30S with Kirin 820 is only 2399 yuan.

Research Report on China Mobile Phone Export 2020-2024

The Mobile Phone Insurance Ecosystem: 2017 – 2030

The post Analysis of China’s Mobile Phone Market Share in 2020 first appeared on CRI Report.

According to CRI Report, by the end of 2020, global 5G users will exceed 200 million; by the end of 2024, global 5G users will reach 3 billion, and 5G will cover more than half of the world’s mobile communication users. It is estimated that from 2020 to 2024, the global 5G industry chain investment will exceed 3 trillion US dollars. With the global outbreak of COVID-19 since the beginning of 2020, the 5G-related industry chain has been promoted to a certain extent. Offline shopping, offline meetings, and offline teaching have become insecure, making online shopping and online video conferencing , Online teaching, online video playback, live broadcast, etc. are becoming more and more popular. The development of the above-mentioned industries has made users’ demands for bandwidth continue to rise, and traditional 4G networks have become increasingly difficult to adapt to consumer needs. Therefore, the epidemic has actually promoted the development of the 5G industry.

In the development of the 5G industry, ordinary consumers are exposed to terminal devices such as 5G mobile phones and 5G routers, and they have many requirements for the aesthetics and cost performance of these terminal devices. As for mobile communication operators, they pay more attention to the quality of 5G base stations, cables and other related background equipment. For consumers, they may change their phones once a year. Well-known 5G mobile phone brands that have been on the market include Huawei, Samsung, SONY, VIVO, OPPO, etc., while brands such as Apple and Google have launched 5G phones late. For mobile communication operators, considering cost and reliability, it is impossible to replace equipment frequently. Instead, equipment that can operate reliably for 3 years, 5 years or even longer is required. For 5G equipment manufacturers, you may have heard of companies such as Huawei, Ericsson, and Nokia. In fact, the reliable operation of 5G equipment is inseparable from high-quality accessories, such as cables. All kinds of equipment need to be connected through reliable cables to ensure their continuous reliable operation for tens of thousands of hours. According to the analysis of CRI Report, the global telecommunications equipment cable industry market scale is close to 30 billion U.S. dollars in 2019, and will exceed 50 billion U.S. dollars by 2024.

China is one of the world’s major telecommunications equipment cable manufacturers. On the one hand, the world’s well-known cable manufacturers have used a large number of Chinese companies to produce cables. At the same time, Greater China also has many excellent cable manufacturers, such as Huiju Technology (1729.HK). Founded in the 1980s, Huiju Technology (1729.HK) is mainly engaged in cable business. Its customers include major Chinese telecom operators, major global telecom equipment manufacturers, and data center operators. In order to expand its business scope, in June 2020, It acquired Huaxun Industrial (Suzhou) Co., Ltd., which further strengthened the company’s strength in LAN cables (network cables), industrial automation cables, and digital entertainment cables. CRI Report is the industry advisor of this case.

According to CRI Report, with the development of the global and Chinese 5G industry, the Chinese cable industry will also develop further.

The post Hundreds of Million 5G Users Worldwide, Promoting Further Development of the Cable Industry first appeared on CRI Report.