Albany, NY -- (SBWIRE) -- 09/06/2018 -- The Chinese telecom market is the largest in the world, which has exhibited opportune moments over the years. Telecommunications development has been driven by investments from government-allied units and features a strong industrial policy. In recent years, China has emerged as one of the most aggressive countries promoting 5G and is projected to become the world's largest 5G market by 2025. Market Research Hub (MRH) evaluates the consequences of ongoing developments on the growth of China telecom, mobile, and broadband market in its recent report offering, "China - Telecoms, Mobile and Broadband - Statistics and Analyses", recently collated in its vast database.
This 118-page precise research report presents key aspects of the China telecom market as it enters 2019. It further includes an overview of the regulatory environment, market highlights and broad statistics. Overall, the study covers nine chapters, some of them include fixed network operators, telecommunications infrastructure, broadband market, digital economy, mobile communications, and digital media. Each chapter explains a detailed overview of the market comprising forecast analysis for the period 2018-2025.
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Key Highlights from the Study
- Analysts find that fixed broadband penetration in China has grown strongly over the past five years. And moderate growth is predicted over the next five years in the fixed broadband segment for the 2018 to 2023 forecast. This is because DSL and cable modem access will continue to decline as customers migrate away from these platforms in favor of fiber broadband. There was a very strong growth in fiber connections from 2012 to 2017.
- The report further looks into mobile broadband segment and find that it has seen very solid growth in China over the past five years. The rapid explosion of LTE and improving the affordability of smartphones is driving growth both in mobile broadband subscribers as well as the amount of traffic used per subscriber. This strong growth is expected to continue over the next five years to 2023 but at an increasing slower growth rate due to a fast budding market.
- The demand for high-speed connectivity became a major factor for service providers in China, therefore for advancements in 5G network became a necessity. This growth is responsible because networks are rolled out in urban areas and handset vendors integrate 5G chipsets into mobile devices. In fact, China is predicted to account for more than two-thirds of all 5G connections by 2025. Although China boasts the largest mobile market in the world, there is still much room for growth given the focus on large-scale mobile broadband investment.
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- China is projected to lead expenditure on Internet of Things technologies in the Asia Pacific, driven by the agriculture and healthcare sectors.
Looking to the digital economic segment, the research finds that growth in China's digital economy was underpinned by the online demand for information, media and commerce, giving rise to China's three domestic digital economy giants such as Baidu (search), Alibaba (e-commerce) and Tencent (social media). Some of the key players profiled in the study include China Mobile; China Telecom; China Unicom, Weibo, Sohu, Xiaomi, Meilishuo, Mogujie, RenRen, Iqiyi/Qiyi, V.QQ.com, BesTV, and Apple.
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