The Chinese government actively supports the industry and the entire retailing sector.
San Francisco, CA (PRWEB) May 29, 2013
Over the five years to 2013, revenue for the Computer Stores industry in China has been growing at an annualized rate of 24.8% to total $89.4 billion. High growth has been the result of strong and growing demand from almost all sectors of the economy: households, primary, secondary and tertiary industries, and government and public institutions, says IBISWorld.
Across China, the use of computers has been increasing in order to promote advancement and raise efficiency. As industry products are of great significance in the country's macro-economic development and growth in various industry sectors, the Chinese government has issued many policies to guarantee the sound and healthy development of computer stores, such as restrictions on malicious industry competition, says IBISWorld. In addition, the entire retailing sector benefits from government investment and assistance.
The Computer Stores industry in China has a low concentration level, with the top four retailers–Gome, Suning, 360buy, and Jiangsu Hongtu High Technology– accounting for 26.1% of total industry revenue. The industry is characterized by a large number of small-scale stores in third and fourth-tier cities, says IBISWorld.
Market share concentration is expected to increase gradually, as well-established enterprises set up more sales outlets and expand their distribution networks. Mergers and acquisitions will continue to occur with larger retailers acquiring smaller ones. In addition, the rising penetration level of online shopping will increase market share among the largest e-commerce computer retailers, says IBISWorld.
For more information, visit IBISWorld’s Computer Stores in China industry report page.
Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189
IBISWorld Industry Report Key Topics
The Computer Stores industry in China retails desktops, notebook computers and software, as well as accessories like printers, scanners and keyboards. These goods are generally purchased from domestic and international manufacturers and wholesalers and then sold to end consumers, including households and businesses.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.