[wanabidii] Why China leads the world in digital media

Wednesday, September 09, 2015

China's digital market is a story of scale, innovation and raw energy. It's a story of an internet supergiant.

But it's also a story of two halves: 50% of the 1.35 billion population benefit from e-commerce, social media and messaging, while the rest have yet to go online.

In developed markets across Europe and the US, internet take-up has already reached 90%. By this metric, China has plenty of growth ahead, offering a huge opportunity for those that produce devices, infrastructure, services and applications.

Although the country is divided between online and offline consumers, digital literacy is high. China already has more consumers connected to the internet than any other market.

Mobile phone adoption rates have reached one device per person. The majority of devices are based on Google's Android operating system and manufactured by local companies. Demand for handsets will continue to grow as consumers switch to smartphones or connect to the mobile internet for the first time.

Link:https://agenda.weforum.org/2015/09/why-china-leads-the-world-in-digital-media/


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