3. Cellphone manufacturers will face bankruptcy

The mobile device market has shifted its competition focus from just cellphone to the whole product ecosystem, said Deloitte, adding that mere improvement in the distribution efficiency is not enough.

As ordinary electronic devices only have an average life span of six months, telecommunication companies are under tremendous pressure, and must develop a more pointed way of managing their inventories and logistics, according to the report.

Samsung's Gear VR is demonstrated at the 2015 International CES, a trade show of consumer electronics, in Las Vegas, Nevada, Jan 6, 2015. [Photo/IC]