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China Mobile Internet Market Size to Hit CNY63bn in 2010

Source :TMCNET          update : 2010-08-13

The number of mobile Internet users reached 214 million in the first half of 2010, and the market size hit CNY 23.7 billion, according to the latest data issued by Analysys International, a leading information and data provider in the Chinese IT market.

The number of users is predicted to hit 300 million by the end of this year, and annual revenue will be CNY 63.3 billion.

In the first half of this year, the revenue of the Chinese mobile Internet market arrived at CNY 23.7 billion, compared with CNY 18 billion in the same period of a year earlier and growing 31.67% over the second half of the previous year.

Traffic charges hit CNY 14 billion, accounting for 59.1% of the total market revenue; application service revenue contributed CNY 9.7 billion, making up 40.9%; wireless music, mobile phone reading, and mobile phone games respectively accounted for 41.2%, 12.6%, and 11.3% of the total application service revenue.