In 2014, the Internet Services industry in China is set to maintain relatively rapid growth of about 13.6% to reach $57.3 billion. Over the past five years, industry revenue has been growing at an average annualized rate of 17.6%, driven by booming domestic demand. Over the period, the number of internet users in China has been increasing at an annualized rate of 11.0%.
Over the next five years, industry revenue is forecast to increase at an average annual rate of 11.1% to $96.9 billion in 2019, mainly due to the substantial expansion of internet coverage in rural and remote areas in China, and thriving advertising services boosted by e-commerce.
The Internet Services industry in China provides internet services, including basic internet access (i.e. internet service providers or ISPs) and application services, such as online advertising, web portals, search engines, instant messaging, internet games, blogs, business-to-business (B2B) services and consumer to consumer (C2C) e-commerce.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.