The China Academy of Information and Communications Technology has recently released a comprehensive analysis report on the performance of the domestic mobile phone market in May 2023. The report reveals encouraging numbers, indicating a robust growth in mobile phone shipments, with a significant rise in the popularity of 5G devices. Let’s delve into the key findings of the report and understand the current state of the Chinese mobile phone market.
Strong Growth in May 2023
According to the report, a total of 26.037 million mobile phones were shipped in the domestic market during May 2023, reflecting an impressive year-on-year increase of 25.2%. Among these shipments, 20.169 million units were 5G mobile phones, showcasing a notable year-on-year growth of 13.7%. Remarkably, 5G devices accounted for a substantial 77.5% of the overall mobile phone shipments during the same period.
Consistent Rise in 5G Adoption
From January to May 2023, the domestic mobile phone market witnessed the shipment of 108 million units, with a marginal year-on-year decrease of 0.7%. However, 5G mobile phone shipments stood at 84.967 million units, showcasing a steady adoption rate and accounting for an impressive 79.0% of the total mobile phone shipments during the same period. These figures highlight the increasing popularity and demand for 5G technology among Chinese consumers.
Dominance of Smartphones
In May 2023, smartphone shipments reached 25.196 million units, displaying a notable year-on-year growth of 22.6%. Smartphones constituted a substantial 96.8% of the total mobile phone shipments during the same period, emphasizing their dominant position in the Chinese market. From January to May 2023, smartphone shipments totaled 104 million units, with a slight year-on-year decrease of 2.6%. Nevertheless, smartphones accounted for an overwhelming 96.3% of the overall mobile phone shipments during this period.
Market Outlook and Trends
The continuous growth in 5G mobile phone shipments underscores the strong momentum of 5G technology in the Chinese market. As network infrastructure expands and device prices become more affordable, it is expected that the adoption of 5G smartphones will continue to rise. Additionally, the consistent dominance of smartphones reaffirms their status as the primary choice for consumers, driven by advancements in features, camera technology, and overall user experience.
The latest analysis report from the China Academy of Information and Communications Technology highlights the encouraging performance of the domestic mobile phone market in May 2023. With a significant year-on-year increase in overall mobile phone shipments and the dominance of 5G devices, the Chinese market showcases a strong inclination towards advanced mobile technologies. As the year progresses, industry experts will closely monitor the market to assess the impact of emerging trends and innovations on consumer preferences and market dynamics.
