According to our latest research report “China Telecom Industry Forecast to 2012”, China’s Internet population has been growing at double-digit rates over the past few years. The number of Internet users grew at the CAGR of nearly 39% during 2005-2008, with the Internet penetration reaching nearly 22.6%. The rapid growth in the Chinese Internet market is attributed to the growing awareness of Internet benefits and the availability of low-cost Internet access devices coupled with lucrative packages.
Our research has also found that in 2008, Internet penetration rate stood at around 35% for urban populace while that for rural populace, was around 12%. This translates into a big opportunity in both urban and rural China. Moreover, continuous growth of personal computer (PC) ownership and broadband access will promote the further expansion of Internet use during the forecasted period. The growth is mainly expected from rural China as the government intends to cover more than 20,000 Chinese villages through Internet by end-2010. Besides this, availability of 3G Internet data cards will further add to the growth in China’s Internet subscriber base.
All the significant developments in China’s Internet market alongwith the occurrence of special events like 2010 World Expo are expected to boost the number of Internet users in China at a CAGR of more than 16% during 2009-2012. With this, the Internet penetration rate is forecasted to reach just over 42% by the end of the forecasted period. Various factors providing necessary impetus to this future growth have been thoroughly discussed in the report.
Our report, “China Telecom Industry Forecast to 2012”, provides detailed research and latest analysis on the rapidly surging Chinese telecom market. It also provides extensive study on the mobile telephony, fixed-line telephony, Internet and broadband market in the country, alongwith the current market performance and future prospects. The report contains all the requisite information to provide clients an insight of the emerging technologies, subscriber growth, handset sales, market share, market penetration, opportunities and roadblocks, and future scenario of the Chinese telecom market.
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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
