Technology
Chinese Brands are Shaking Up the $420B Smartphone Market
Smartphones are a ubiquitous part of modern life, and now nearly half of humanity is connected through such devices.
As a result, the stakes have never been higher in the ultra-competitive smartphone market. Every day, companies are duking it out for any sliver they can get of global smartphone sales, which now exceed $420 billion per year.
In rapidly growing markets like China and India, the competitive environments are even more interesting. Due to rising socioeconomic circumstances and falling price points on certain models, large segments of these populations are able to purchase these devices for the first time.
These big markets are in a constant state of flux – and it’s not unusual to see top competition to get unseated.
The Chinese Smartphone Market
In the most recent quarter, Chinese smartphone shipments grew a staggering 18.7% to 135.7 million:
This rapid increase in sales comes at a time when domestic brands in China are starting to aggressively market their products.
Oppo, a brand mostly unknown across the Pacific Ocean, has more than tripled market share over the last year to unseat the incumbent Huawei. This marks the first time that Oppo has been the most popular brand in the country.
Oppo has adopted a simple but effective strategy, going after the offline market which still contributes more than 70% of total sales in China. Aggressive marketing, promotions and sponsorships, greater offline retail penetration beyond tier-2 and tier-3 cities, better retail margins, dealer support and above all head-turning, innovative smartphone designs has helped Oppo drive its sales in the last eighteen months.
– Neil Shah, Counterpoint Research
iPhone Sales Dip
Apple fell in the rankings, as consumers wait for the release of the 10th anniversary iPhone. Notably, this year-over-year decline was the first for Apple since entering the Chinese market.
Because domestic companies have greater access to manufacturers, they are beginning to roll out new features (e.g. augmented reality, flexible screens) to compete with brands like Samsung and Apple in ways never seen before. Domestic Chinese brands are generating excitement for their products and that is translating into triple-digit growth numbers for companies like Oppo and Vivo.
One thing is for certain: competition will continue to be fierce in the world’s most populous country in 2017, and the success of domestic brands will continue to have growing implications for non-Chinese brands.
Technology
Visualizing AI Patents by Country
See which countries have been granted the most AI patents each year, from 2012 to 2022.
Visualizing AI Patents by Country
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
This infographic shows the number of AI-related patents granted each year from 2010 to 2022 (latest data available). These figures come from the Center for Security and Emerging Technology (CSET), accessed via Stanford University’s 2024 AI Index Report.
From this data, we can see that China first overtook the U.S. in 2013. Since then, the country has seen enormous growth in the number of AI patents granted each year.
Year | China | EU and UK | U.S. | RoW | Global Total |
---|---|---|---|---|---|
2010 | 307 | 137 | 984 | 571 | 1,999 |
2011 | 516 | 129 | 980 | 581 | 2,206 |
2012 | 926 | 112 | 950 | 660 | 2,648 |
2013 | 1,035 | 91 | 970 | 627 | 2,723 |
2014 | 1,278 | 97 | 1,078 | 667 | 3,120 |
2015 | 1,721 | 110 | 1,135 | 539 | 3,505 |
2016 | 1,621 | 128 | 1,298 | 714 | 3,761 |
2017 | 2,428 | 144 | 1,489 | 1,075 | 5,136 |
2018 | 4,741 | 155 | 1,674 | 1,574 | 8,144 |
2019 | 9,530 | 322 | 3,211 | 2,720 | 15,783 |
2020 | 13,071 | 406 | 5,441 | 4,455 | 23,373 |
2021 | 21,907 | 623 | 8,219 | 7,519 | 38,268 |
2022 | 35,315 | 1,173 | 12,077 | 13,699 | 62,264 |
In 2022, China was granted more patents than every other country combined.
While this suggests that the country is very active in researching the field of artificial intelligence, it doesn’t necessarily mean that China is the farthest in terms of capability.
Key Facts About AI Patents
According to CSET, AI patents relate to mathematical relationships and algorithms, which are considered abstract ideas under patent law. They can also have different meaning, depending on where they are filed.
In the U.S., AI patenting is concentrated amongst large companies including IBM, Microsoft, and Google. On the other hand, AI patenting in China is more distributed across government organizations, universities, and tech firms (e.g. Tencent).
In terms of focus area, China’s patents are typically related to computer vision, a field of AI that enables computers and systems to interpret visual data and inputs. Meanwhile America’s efforts are more evenly distributed across research fields.
Learn More About AI From Visual Capitalist
If you want to see more data visualizations on artificial intelligence, check out this graphic that shows which job departments will be impacted by AI the most.
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