The announcement, made by IDC researchers found that the smart phone market in China has grown exponentially since its inception in 2011.
According to a report to IDC, more in 2011, the only brand of smart phones, which have been available in China were Huawei and Apple.
Apple initially have a small gap from the company Huawei. But as smartphones become more popular and more common, soon appeared on the market by other manufacturers like Xiaomi, OPPO and Vivo.
The growth rate of new producers were incredibly fast, for example, Xiaomi has increased its presence in 36.2% every year, occupying 15% market share at the end of 2015, while Huawei and Apple came in second and third place with a market share of 14.5% and 13.4%, respectively.
Style Chinese manufacturers producing high-quality smartphones at lower costs than their foreign competitors, was one of the reasons for their exponential growth in recent years. Thus it was driven Samsung.
In 2015, Xiaomi and saw shipments rise 23.2% share of the market, as Huawei and Apple shipments growth increased by 53% and 56%, respectively. Huawei has been able to take the lead in increasing the average sales price by 20.9%, while the average price of Xiaomi sales decreased by 7.6%.
According to IDC, in 2016 may become a stagnant year for smartphones in China, as the market becomes more mature. The researchers argue that in 2016 we will see new trends, including the shift in offline sales channels, as well as the fact that vendors will struggle at higher price levels than ever before, and expand their autonomous channels.