Smartphone growth is slowing across the U.S., Europe, and Japan. The
App developers should seriously consider China's app stores, and many mobile-focused companies should consider making deeper long-term strategic commitments to the Chinese mobile ecosystem. Areas like commerce, app monetization, and mobile ads are already growing nicely.
In a new report from BI Intelligence, we survey the top opportunities and growth areas in China, including apps, hardware markets, and telecommunications. The report is organized around an easy-to-digest executive summary of our findings and an in-depth collection of charts and data organized into a PowerPoint presentation. The report also quantifies the opportunity in top mobile categories like commerce, payments and advertising.
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Here are some of our top findings on China:
- Mobile commerce: By the end of 2013, China's
mobile commerce market - e-commerce transacted onsmartphones ortablets - will reach $24.2 billion in value, and account for 11% of all e-commerce, a proportion that is on par with the U.S. market. - Mobile transactions and payments: Sixty-nine percent of Chinese consumers said that they had purchased a product or service with their smartphone, compared with 46% in the United States.
- Mobile advertising: Mobile will account for $2.1 billion in spending or 13% of all online ad spending in China this year. That's also on par with U.S. levels (in the first half of 2013 U.S. online ad spending was 15% mobile).
- Smartphones: China is currently responsible for 38% of global smartphone shipments. The country is near the smartphone tipping point. In just over a year, smartphone subscriptions will outpace feature phone shipments.
- Mobile platforms: Android is dominant. It accounted for 72% of smartphone sales compared to Apple's 21% in the twelve weeks through August 2013.
- App stores: China is already responsible for 15% of global Apple app store downloads.
- Social media: China is a social media-savvy country - some 82% of smartphone owners post on social networks weekly.
The report is full of charts and data that can be easily downloaded and put to use.
In full, the report:
- Breaks down the main trends driving the telecommunications and mobile hardware markets in China
- Reveals the unique characteristics of social media networks and their users in China
- Explains why Apple devices are overrepresented in market share when considering shipment numbers
- Shows how China stacks up in terms of its influence on the global app economy, for both Android and iOS
- Traces the growth of mobile commerce, mobile payments, and mobile advertising in China