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Communication Equipment Stores in China Industry Data and Analysis
Over the past decade, communication equipment manufacturing and retailing in China have strongly developed, largely due to rapidly accelerating technology, new product innovation and greater consumer purchasing power. Revenue for the Communication Equipment Stores industry in China is expected to grow at an annualized rate of 2.0% over the five years through 2024. This includes an estimated increase of 5.2% in 2024, when profit margins are anticipated to fall to 7.7% of revenue.The retail market of wired communication equipment has matured, while the retail market of smart phones is also moving towards the maturity of its life cycle. In recent years, the mobile communication equipment product segment, which includes mobile phones, has captured market share from the wired communication equipment segment. Mobile phones are seen as more convenient and functional, and there are more mobile phone manufacturers than wired communication equipment manufacturers. Smartphones account for most of the market share.Over the five years through 2029, revenue for the Communication Equipment Stores industry will increase at an annualized rate of 1.9%, mainly driven by rising demand for 5G smart phones and recovery of domestic economy. The growth rate of enterprises and institutions is declining. In the next five years, the number of enterprises will increase at a CAGR of 0.9% while the number of institutions increase at a CAGR of 1.1%. Although the 5G network did not promote the rapid development of the industry as expected, it is still an important driving force for the development of the industry.
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What's included in this industry analysis
IBISWorld's research coverage on the Communication Equipment Stores industry in China includes market sizing, forecasting, data and analysis from 2014-2029. The most recent publication was released May 2024.
About this industry
What's this industry report about?
The Communication Equipment Stores industry in China operates under the industry code 6573. Communication equipment stores in China retail wired and mobile communications equipment, such as telephones, videophones and mobile phones, and related accessories. Transmission, program-control, radio, film and TV equipment are not sold by this industry. Related terms covered in the Communication Equipment Stores industry in China include 3c, code-division multiple access (cdma), global system for mobile communications (gsm) and point of sale (pos).
What's included in this industry?
Products and services covered in Communication Equipment Stores industry in China include Mobile communication equipment, Phone accessories and Wired communication equipment.
What companies are included in this industry?
Companies covered in the Communication Equipment Stores industry in China include JD.com, Inc., China Mobile Limited and China Telecom Corporation Limited.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Communication Equipment Stores industry in China.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Communication Equipment Stores industry in China.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Communication Equipment Stores industry in China.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Communication Equipment Stores industry in China. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Communication Equipment Stores industry in China. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Communication Equipment Stores industry in China. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Communication Equipment Stores industry in China. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Communication Equipment Stores industry in China.
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Frequently Asked Questions
What is the market size of the Communication Equipment Stores industry in China in 2026?
The market size of the Communication Equipment Stores industry in China is $109.4bn in 2026.
How many businesses are there in the Communication Equipment Stores industry in China in 2024?
There are 98,765 businesses in the Communication Equipment Stores industry in China, which has grown at a CAGR of 1.3 % between 2019 and 2024.
How may import tariffs affect the Communication Equipment Stores industry in China?
The Communication Equipment Stores industry in China is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Communication Equipment Stores industry in China?
The Communication Equipment Stores industry in China is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Communication Equipment Stores industry in China grown or declined over the past 5 years?
The market size of the Communication Equipment Stores industry in China has been growing at a CAGR of 2.0 % between 2019 and 2024.
What is the forecast growth of the Communication Equipment Stores industry in China over the next 5 years?
Over the next five years, the Communication Equipment Stores industry in China is expected to grow.
What are the biggest companies in the Communication Equipment Stores industry in China?
The biggest companies operating in the Communication Equipment Stores industry in China are JD.com, Inc., China Mobile Limited and China Telecom Corporation Limited
What does the Communication Equipment Stores industry in China include?
Mobile communication equipment and Phone accessories are part of the Communication Equipment Stores industry in China.
Which companies have the highest market share in the Communication Equipment Stores industry in China?
The company holding the most market share in the Communication Equipment Stores industry in China is JD.com, Inc..
How competitive is the Communication Equipment Stores industry in China?
The level of competition is moderate and increasing in the Communication Equipment Stores industry in China.
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