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.
The “China Mobile Data Consumption Trends Market” is growing along with the Technology, Media and Telecommunications industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report. The Business Market Insights provides you regional research analysis on “China Mobile Data Consumption Trends Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the China Mobile Data Consumption Trends market during the forecast period, i.e., 2020–2027.
Major Key players covered in this report:
- China Mobile Limited
- China Telecom Corporation Limited
- China Unicom Limited
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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 study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the China Mobile Data Consumption Trends market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Mobile Data Consumption Trends market segments and regions.
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