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China’s smartphone market might be maturing

China’s smartphone market might be maturing

An interesting graphic from IDC and WSJ looks at the declining growth rate in smartphone sales in China. China’s smartphone market is maturing.

 

20140306 SmartPhoneShipments

What is interesting about this is the integration of smartphones with online finance. This has obviously been an area of focus for the market as to run Wechat or Alipay you need to have a smartphone of some sort. Although this likely won’t have a negative impact on the market, it will be interesting to keep an eye on. 

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Established in 2007, Kapronasia, an Atlas Technologies Group Company, is a leading consulting and market research firm specializing in fintech, banking, payments, and capital markets. Our services aim to equip clients across the region with the necessary insights to capitalize on their most valuable opportunities and maintain a competitive edge in the market.

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