2024
8
China Smartphones and Wearables Market Report 2024
2024-10-15T19:02:28+01:00
REP61EE4AB6_F048_479E_982D_F42752E51498
3695
176755
[{"name":"Hardware","url":"https:\/\/store.mintel.com\/industries\/technology\/hardware"}]
Report
en_GB
This report looks at the following areas:Ownership of smartphones and wearables by brandSmartphone purchase costConsumer satisfaction with smartphone brands and their featuresUser perception of brand images of their smartphonesWireless earbud…
  1. /
  2. All Industries
  3. /
  4. Technology
  5. /
  6. Hardware
  7. /
  8. China Smartphones and Wearables Market Report 2024

China Smartphones and Wearables Market Report 2024

Reports - What's Included
  • Interactive Databook
  • Multiple Report Formats
  • Access to Clients Portal
  • Custom Presentation Tool

This report looks at the following areas:

  • Ownership of smartphones and wearables by brand
  • Smartphone purchase cost
  • Consumer satisfaction with smartphone brands and their features
  • User perception of brand images of their smartphones
  • Wireless earbud purchase factors
  • Attractive features of wireless earbuds

Smartphone brands need to prioritise the consumer demand for battery life and create differentiation in imaging through photo/video shooting assisting features. At the same time, smartphone brands have the opportunity to further expand the wireless earbuds market by leveraging existing product ecosystems and brand images.

Toby Xu, Analyst, China Insights

Market Definitions

This Report covers the consumer market for smartphones and wearable devices in China. A smartphone is defined as any modern mobile phone capable of connecting to the internet, as well as downloading applications from proprietary application stores. The term ‘wearable devices’ (also referred to as ‘wearable technology’ or ‘wearables’) in this Report refers to a category of technology devices that can be worn on the body as functional rather than decorative accessories.

Collapse All
  1. Executive summary

    • Key issues covered in this Report
    • Definition
    • What you need to know
    • The market
    • The smartphone market regains growth momentum
    • The wearable market enjoys sustained growth
    • Market factors
    • Companies and brands
    • Key players' performance
    • Marketing activities
    • New product trends
    • The consumer
    • Huawei remains ahead of the pack in terms of ownership rate, while Xiaomi has further grown and Apple faces challenges
    • Graph 1: smartphone brand ownership, 2022 vs 2024
    • Smartphones in the RMB3,000-3,999 price range are most favoured by consumers
    • Graph 2: smartphone purchase costs, 2024
    • Overall satisfaction with mainstream brands exceeds 90%, and Huawei continues to lead
    • Graph 3: overall satisfaction with smartphone brands, 2024
    • Huawei performs well in all aspects, while other brands have their strengths
    • Graph 4: satisfaction with smartphone features, by brand, 2024
    • Domestic brands are sculpting their brand characteristics
    • Graph 5: smartphone brand image, 2024
    • Huawei maintains its lead in the wearable device market
    • Graph 6: wearable device ownership rate by brands, 2024
    • The demand for wireless earbuds is fragmented, and wearing style has become a key factor
    • The demand for wireless earbuds is fragmented, and wearing style becomes a key factor
    • Graph 7: wireless earbuds purchase factors, 2024
    • In-ear earbuds are all about immersive experience, and open earbuds excel in sports scenarios
    • Graph 8: attractive wireless earbuds features, in-ear earbuds vs open earbuds (a), 2024
    • Issues and insights
    • What we think
  2. The market

    • Market size and forecast
    • The smartphone market regains growth momentum
    • The wearable market enjoys sustained growth
    • Market factors
    • Policies to boost domestic demand and promote consumption are expected to continue to stimulate the consumer electronics market
    • On-device AI gradually rolls out, ushering in a new wave of consumer electronics innovation
    • Display performance and value for money of domestic smartphone screens continue to improve
    • Rising storage prices may lead to reduced large storage configurations or price increases in end products
    • The fusion of consumer electronics and cars strengthens ecological moats
    • Short-term decline in willingness to trade up mobile phones
    • Graph 9: proportion of consumers planning to trade up (ie buy from a more expensive brand or purchase more expensive products) in the category, 2022-24
    • Willingness to trade up in digital product consumption slightly rebounds but has not yet returned to its peak
    • Graph 10: proportion of consumers planning to trade up (ie buy from a more expensive brand or purchase more expensive products) in the category, 2022-24
  3. Companies and brands

    • Key Players' Performance
    • Apple
    • Huawei
    • Xiaomi
    • OPPO
    • vivo
    • Honor
    • Marketing activities
    • Assimilate local city cultural symbols into marketing campaigns
    • Blending the real and virtual worlds
    • Flex product capabilities through hobby and interest scenarios
    • Highlight product selling points through immersive offline scenarios
    • New product trends
    • Battery life upgrade becomes a new direction for smartphone competition
    • Ultrasonic fingerprint technology is becoming popular
    • More diverse product forms that excel in both ergonomics and user experience
    • An assortment of accessories enhances the fun element of small flip phones
    • Exploring new forms of future phones with app-free phones
    • Headphones advance towards professional health monitoring
  4. The consumer

    • Smartphone brand ownership and purchase costs
    • Huawei remains ahead of the pack in terms of ownership rate, while Xiaomi has further grown and Apple faces challenges
    • Graph 11: smartphone brand ownership, 2022 vs 2024
    • Smartphones in the RMB3,000-3,999 price range are most favoured by consumers
    • Graph 12: smartphone purchase costs, 2024
    • Foreign brands focus on the high-end market, while domestic brands use the mid-range market as a foundation, and Huawei excels in high-end
    • Graph 13: smartphone purchase costs, by brand, 2024
    • Overall satisfaction with smartphone brands and their features
    • Overall satisfaction with mainstream brands exceeds 90%, Huawei continues to lead
    • Graph 14: overall satisfaction with smartphone brands, 2024
    • System smoothness and display performance of various brands have reached high satisfaction levels, while heat dissipation and battery life still have room for improvement
    • Graph 15: satisfaction with smartphone features, all brands, 2024
    • Battery life and photo/video shooting assisting features are key factors affecting satisfaction
    • Graph 16: influence of smartphone features on overall satisfaction with the brand, 2024
    • Huawei performs well in all aspects, while other brands have their strengths
    • Graph 17: satisfaction with smartphone features, by brand, 2024
    • In addition to preserving its advantage in imaging hardware, Huawei also needs to enhance user photography experience through software solutions
    • Apple urgently needs to improve heat dissipation and battery life to meet market challenges
    • Xiaomi should improve battery life to address its limitations and shortcomings
    • OPPO should prioritise improving camera performance in non-flagship models
    • vivo should prioritise improving heat dissipation performance
    • Honor needs to further improve device durability
    • Smartphone brand image
    • Domestic brands are sculpting their brand characteristics
    • Graph 18: smartphone brand image, 2024
    • Huawei has established a solid moat for itself
    • Graph 19: Huawei's brand image, 2024
    • Apple needs to adopt marketing strategies that align more closely with local values
    • Graph 20: Apple's brand image, 2024
    • Xiaomi builds brand trust through sincere communication strategies
    • Graph 21: Xiaomi's brand image, 2024
    • OPPO and vivo are diverging in their brand images
    • Graph 22: OPPO's and vivo's brand images, 2024
    • Honor still needs to develop its brand characteristics
    • Graph 23: Honor's brand image, 2024
    • Ownership of wearable devices by brand
    • Huawei enjoys the highest ownership in smartwatches
    • Graph 24: smartwatch ownership by brand, 2024
    • Huawei and Xiaomi dominate the smart wristband market
    • Graph 25: smart wristband ownership by brand, 2024
    • Huawei maintains its lead in the wireless earbud market
    • Graph 26: wireless earbuds ownership rate by brand, 2024
    • Consumers tend to choose smartwatches and wireless earbuds of the same brand as their smartphones
    • Graph 27: ownership rate of wireless earbuds among mainstream smartphone brand users, 2024
    • Graph 28: ownership rate of smartwatches among mainstream smartphone brand users, 2024
    • Xiaomi and Huawei attract different customer groups in the smart wristband market
    • Graph 29: ownership rate of smart wristbands among mainstream smartphone brand users, 2024
    • Wireless earbud purchase factors
    • Wireless earbud demand has become more segmented, and wearing style has become a key factor
    • Graph 30: wireless earbuds purchase factors, 2024
    • The design of wireless earbuds has become an important factor in male consumers' purchasing decisions
    • Graph 31: Wireless earphone purchasing decision factors (by gender), 2024
    • Consumers in Tier 1 cities value earphone appearance design, while those in non-Tier 1 cities value earphone packaging/accessories design
    • Graph 32: wireless earbuds purchase factors, by city tier, 2024
    • Attractive wireless earbuds features
    • In-ear earbuds are all about immersive experience, and open earbuds excel in  sports scenarios
    • Graph 33: attractive wireless earbuds features, in-ear earbuds vs open earbuds (a), 2024
    • Focus on the long-term wearing experience of wireless earbud users
    • In-ear earbuds effectively attract Gen Z in Tier 1 cities with improved user experience, while smart features are likely to attract Gen Z in non-Tier 1 cities
    • Graph 34: Gen Z's perception of attractive wireless in-ear earbuds features, by city tier, 2024
  5. Issues and insights

    • Opportunities still exist in the highly competitive smartphone imaging field
    • When targeting mass consumers, focusing on experience is better than  hardware
    • The potential of AI in photography assistance is huge, but careful direction is key
    • Mobile phone brands have the opportunity to further explore the wireless earbud market
    • Product ecosystem gives smartphone brands an edge in the wireless earbuds field
    • Create iconic earphone designs
  6. Appendix – methodology and abbreviations

    • Methodology
    • Abbreviations

Why Choose Mintel?

Mintel is the world’s leading market intelligence agency. We show you how consumers think today and tomorrow. As a trusted partner to industry leaders, we deliver game-changing insights to businesses across the globe, fuelling their marketing and innovation strategies that will shape the future.

Access high-quality market research with every purchase of Mintel’s consumer reports. Here’s what else is included in your report purchase:

  • Multiple Report Formats: Mintel’s reports are available in PDF and PPT formats, and are delivered straight to your inbox, so you can easily share Mintel’s market intelligence.
  • Access to Mintel’s Clients Portal: After your purchase is completed, you’ll receive an invitation to join Mintel’s Clients Portal, providing instant access to supplementary insights from Mintel’s industry experts.
  • Interactive Databook: Mintel’s bespoke consumer data is presented as an interactive website, so you can deep dive into your chosen topic, explore demographics and download specific statistics.
  • Custom Presentation Tool: Easily incorporate selected research data and analysis into a tailor-made presentation to win over clients and stakeholders.

Browse our sample PDF report below:

Please Note: All of the figures, graphs, and tables in this sample report have been redacted.
£ 3,695 (Excl.Tax)
  • Instant access when you pay by credit card
  • Exclusive prices on report bundles available until March 31st. Contact us to discuss options
Add to cart

Is this report right for you?

From consumer reports to customised growth strategies. We have an option to suit your business requirements.

Find out more

Popular Related Reports

Global Outlook on Sustainability: A Consumer Study 2024-25

£ 5,000£ 21,600

Mintel’s 2024-25 Global Outlook on Sustainability: A Consumer Study is designed to help you understand what brands and companies should prioritise in order to educate consumers and ensure...

Find out more

China Major Domestic Appliances Market Report 2023

£ 3,695

The major home appliances market is highly challenging. Brands need to increase the 'sense of value' through a combination of practical product iterations and services. Catering to the...

Find out more

China Usage of Home and Kitchen Appliances in Lower Tier Cities Consumer Report 2023

£ 3,695

The demand for upgrades to home appliance effects and functions remains robust among consumers in lower tier cities. They seek products that enhance efficiency daily while complementing their...

Find out more

China Large Kitchen Appliances Market Report 2023

£ 3,695

“With the growing demand for high-quality kitchen life, the outlook for large kitchen appliances remains positive. However, it will take longer for the market to return to pre-pandemic...

Find out more

China Usage of Appliances and Devices in Lower Tier Cities Market Report 2022

£ 3,695

“Overall, consumers in lower tier cities are ‘light on concepts, heavy on practicality’ when it comes to home appliances and digital products. They have higher expectations for the...

Find out more

China Mobile Phones and Integrated Apps Market Report 2022

£ 3,695

“After a solid recovery in 2021, China’s mobile phone market faces challenging times in 2022, as replacement demand dwindles and innovations in mobile phones are less attractive for...

Find out more

Trusted by global industry leaders

We utilize Mintel Reports, Trends and Comperemedia to mine for insights across the numerous business verticals that Epsilon serves, such as CPG, automotive, telecom, healthcare/pharma, retail and financial services.

By integrating Mintel insight into new business opportunities, we have been able to gain the competitive edge necessary to advance partnerships with global brands and key business players.

For our organization, it’s about depth and breadth. Having one without the other doesn’t enable success in our business.

Virginia Harvey, Secondary Research Manager, Epsilon

Mintel is really good for getting a handle on a particular category quickly. If we are working on a new business pitch in an area we don’t have much experience in, it’s a brilliant way to get up to speed with what’s going on, what’s changing and what the key trends are in any category.

It’s very rare now that anyone will plough through a 200-page report – that’s why the summaries are really useful. We know they are backed up by a lot of detail, so if you need to go into something in more depth you know the information will be all there for you.

Pauline Robson, Managing Partner, Mediacom

We’ve found it so useful working more closely with Mintel. They helped support our recent flagship event for our top suppliers by providing a really unique viewpoint on the future of online retailing.

Nick Carroll from their Retail Team was also an excellent panelist, sharing useful and actionable consumer insights. We definitely look forward to working with Mintel again on future projects.

Zac Steele, E-Commerce Trading Development Manager, Waitrose & Partners

Mintel helps us when we want to know something quickly – it provides fast answers to our questions. If we need to get a view of what’s going on in a particular market it’s very useful.

When carrying out background research, I find Mintel an excellent starting point.

The fact that it covers so many markets is a big plus for me– instead of having to buy specialist products in each area we are interested in, especially when we only require a brief view on a particular market, we can go to Mintel for help as a one-stop shop. I find Mintel a useful and valuable resource.

Ben Zeidler, Director - Research and Analytics, Tenth Wave

We have such a great working relationship with Mintel on lots of different levels. As an insight partner, they have helped us to develop our business planning in specific categories as well as supporting our creative process but they’ve also been super helpful with facilitating our events in their inspirational offices near St Paul’s.

They’re an innovative company, with a client-focused team that always delivers.

Abby Carvosso, Group Managing Director, Bauer Media Group

Is this report right for you?

From consumer reports to customised growth strategies. We have an option to suit your business requirements.

Find out more