Telecoms, Mobile and Broadband in China (2018-2023): China to Lead the World in 5G Investments - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 24, 2018--The “China - Telecoms, Mobile and Broadband - Statistics and Analyses” report has been added to ResearchAndMarkets.com’s offering.
As the Chinese market approaches saturation, there has been a shift of emphasis in Chinas broadband policy from infrastructure build-up and service provision to application creation and user demand stimulation.
China’s fixed-line market is in decline due to voice to mobile substitution. Fixed line penetration has dropped significantly over the past five years. This trend is predicted to continue over the next five years to 2023 driven by the growing adoption of mobile broadband.
In early 2018 the Chinese government updated its list of sensitive sectors’ for outbound investment, removing telecoms operations from the list.
China is projected to lead spending on Internet of Things technologies in the Asia Pacific, driven by the agriculture and healthcare sectors. China’s government is aiming for universal and affordable broadband coverage through investment and competition as specified in policies.
Fixed broadband penetration in China has grown strongly over the past five years. Fibre broadband continues to be the fastest growing fixed broadband segment, as DSL and cable modem access will continue to decline as customers migrate away from these platforms in favour of fibre broadband. There was very strong growth in fibre connections from 2012 to 2017.
Within China one of the largest drivers of economic growth is its increasing urbanisation rate as rural residents move to cities in search of economic opportunities. Urban residents earn three times the income of rural residents in China.
Moderate growth is predicted over the next five years in the fixed broadband segment for the 2018 to 2023 time-period.
Key DevelopmentsChina’s government strengthens IOT policies to boost economic growth. China is projected to lead spending on Internet of Things technologies in the Asia Pacific. Fixed broadband penetration in China has grown strongly over the past five years. Fibre has overtaken DSL to be the key fixed broadband technology platform. China’s massive online population allows a number of social media platforms to flourish. China is projected to become the world’s largest 5G market by 2025. China is predicted to account for more than two-thirds of all 5G connections by 2025. Mobile broadband has seen very strong growth in China over the past five years.
Key Topics Covered1. Key Statistics
2. Telecommunications Market
3. Regulatory Environment
4. Fixed Network Operators
5. Telecommunications Infrastructure
6. Broadband Market
7. Digital Economy
8. Digital Media
9. Mobile Communications
Companies FeaturedAlibabaAppleBaiduBesTVChina MobileChina TelecomChina UnicomIqiyi/QiyiJD.comMeilishuoMogujieRenRenSINASohuTencentV.QQ.comWeiboXiaomiYouku
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Related Topics:Telecommunications and Networks,Broadband,Mobile Networks
KEYWORD: ASIA PACIFIC CHINA
INDUSTRY KEYWORD: TECHNOLOGY INTERNET NETWORKS TELECOMMUNICATIONS MOBILE/WIRELESS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/24/2018 08:48 AM/DISC: 09/24/2018 08:48 AM