Canalys: By 2025, the penetration rate of L2 and above functions in the Chinese market will reach 62%.

Canalys' latest report predicts that by 2025, the penetration rate of L2-level and above functions in the Chinese market will reach 62%, a significant increase from 2024, with high-speed NOA and urban NOA reaching 10.8% and 9.9% respectively. It is expected that by 2027-2028, the growth rate of urban NOA will surpass that of high-speed NOA, leading to rapid changes in the market structure and reshaping the competition landscape of SoC.