The report forecasts the Chinese telecommunications industry to remain steady thanks to the defensiveness nature of the industry, amid the political uncertainties and an uncertain economic outlook due to the COVID-19 pandemic.
Growing mobile phone penetration and high fixed broadband take-up among households will fuel future growth over the next five years.
The publisher forecasts that mobile subscriptions and fixed broadband subscribers will continue to fuel the telecoms sector growth in the 2022-27 period. More than 380m people became Internet users over the last in seven years and another 380m more Internet users are expected to come online over the next six years by 2027.
Following the market expansion over the last 5 years, the publisher forecasts sustained revenue growth to 2027, despite the Covid-19 pandemic and the diminishing impact of declining legacy voice and SMS revenue.
The Chinese government is the largest shareholder in all three Telecommunications Service providers (TSPs), swaying a large influence on strategy, network investments and pricing to the operators and putting great emphasis on developing the country's telecommunications infrastructure as it is so tightly related to developing the national economy and strengthening national unification.
The strategic and economic competition between the US and China is at the centre of advanced technology competition and the future of global data and communications. Gaining strategic and economic power is depending heavily on having technological ascendancy, as one of the most salient feature of China's vision of its China Dream and "the rejuvenation of the Chinese nation".
The publisher expects the overall telecoms market to continue its growth through to 2027 after a marked slowdown in mobile service revenue from 2018 and 2019 putting pressure on mobile ARPU.
This report provides analyses of revenue and market forecasts as well as statistics of the Indian telecoms industry including market sizing, 5-year forecasts, market insights, key telecom trends, 5G, digital infrastructure and also features the following:
Why you should buy the China Telecoms Industry Report:
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