
China Mobile Data Consumption Trends Market
No. of Pages: 42 | Report Code: TIPRE00004299 | Category: Technology, Media and Telecommunications
No. of Pages: 42 | Report Code: TIPRE00004299 | Category: Technology, Media and Telecommunications
The Internet subscriber base in China stood at 813.23 million, and it is expected to reach 1184.63 million in 2027 with a CAGR of 4.2% from 2019 to 2027.
Young population drives the demand of internet applications is fueling the mobile data consumption market. In China, the share of young Internet users is huge in the overall internet user market, and it is a significant growth driver for internet services. In 2018, the total number of internet users in China reached 813.23 million, out of which the number of young Internet users under 20 was 22.4 %. Some of the major applications used by young internet users included online meal ordering, online travel bookings, live games, and live reality shows. E-commerce and online games applications have also grown significantly in the past year due to popularity among the young population. The driving forces behind the rapid growth of these segments among young users include continuous innovation, focus on mobility, internationalization and competitiveness. This factor has created a potential mobile data consumption market space for mobile data consumption market.
The significant increase in the demand of internet on things and other advanced technologies is anticipated to fuel the mobile data consumption market growth. Smartphones are at the foundation of “Internet of things” concept and their high penetration in China made them the driving force behind IoT adoption. As per the “Made in China 2025” strategy of Chinese government, the backing of advanced technologies such as 5G, artificial intelligence and data analytics will further drive the development of these technologies, especially Industrial IoT. For instance, in 2018, in 2018, the mobile internet users reached 793.62 million and it represented almost 97.59% of total internet subscribers in China. All these factors are enhancing the growth of mobile data consumption market.
The increased demand of data consumption is driven by growing mobile applications such as instant messaging, online shopping, online streaming services, social networking, information services, financial services, sharing services and others. Also, affordable smartphones also laid the foundation for connected things/IoT and other enhanced personalized and smart applications which uses like AI and other new concepts. 5G is cited as a strategic priority in the government’s 13th Five-year Plan. The government has also awarded grants to technology heavyweights ZTE and Huawei, which have received a reported US$72 Mn for technology development for 5G deployments. China’s largest telecommunications providers intend to spend close to US$ 411 Bn for 5G rollout by 2030. IIoT will be 5G’s most critical use case in support of China’s Made in China 2025 initiative are proliferating the mobile data consumption market. The figure given below highlights the China internet subscribers base and mobile internet subscribers base in the mobile data consumption market in 2018:
China Mobile Data Consumption Trends Landscape
CHINA MOBILE DATA CONSUMPTION – MARKET PLAYERS
Companies Mentioned
Strategic insights for the China Mobile Data Consumption Trends provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2018 | US$ 813.23 Million |
Market Size by 2027 | US$ 1184.63 Million |
Global CAGR (2019 - 2027) | 4.2% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Subscriber Base and Technology |
Regions and Countries Covered | China
|
Market leaders and key company profiles |
The geographic scope of the China Mobile Data Consumption Trends refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The List of Companies - China Mobile Data Consumption Trends Market
The China Mobile Data Consumption Trends Market is valued at US$ 813.23 Million in 2018, it is projected to reach US$ 1184.63 Million by 2027.
As per our report China Mobile Data Consumption Trends Market, the market size is valued at US$ 813.23 Million in 2018, projecting it to reach US$ 1184.63 Million by 2027. This translates to a CAGR of approximately 4.2% during the forecast period.
The China Mobile Data Consumption Trends Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the China Mobile Data Consumption Trends Market report:
The China Mobile Data Consumption Trends Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The China Mobile Data Consumption Trends Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the China Mobile Data Consumption Trends Market value chain can benefit from the information contained in a comprehensive market report.