Retail volume sales of smartphones are predicted to gain further momentum over the forecast period, supported by improving supply chains and a more positive economic outlook. Therefore, local consumers will be more willing and able to upgrade to new, higher-quality models of smartphones in the coming years, which is set to gradually drive the penetration rate back up.
As smartphone processing power and hardware continues to improve and develop, the role of AI and machine learning in mobile phones will gain further importance. This sort of technology offers a number of potential benefits for mobile phones, such as improving power efficiency and battery life extension via offloading voice, image, and text data to AI algorithms, making mobile phones more sustainable and energy-efficient in the long term.
Mobile AR (augmented reality) is another trend that will become increasingly prevalent in smartphones over the forecast period. While AR Games such as Pokémon Go remain popular in Hong Kong due to a dedicated fanbase, the vast majority of local consumers do not regularly use AR as a part of their daily lives.
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Understand the latest market trends and future growth opportunities for the Mobile Phones industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Mobile Phones industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Mobile Phones
Any device capable of telecommunication over a cellular network of base stations. Mobile phones can come with functions including camera, video and internet access.
See All of Our DefinitionsThis report originates from Passport, our Mobile Phones research and analysis database.
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