4Q.2011 Asia Pacific Mobile Payment Market Forecast 2010 - 2016: Gross transaction value of mobile payments in Asia Pacific to rise to $267.8 billion in 2016
- Published: February 2012
- Region: Asia
TechNavio's analysts forecast the Mobile Commerce Payment market in China to grow at a CAGR of 41.67 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing adoption of mobile devices. The Mobile Commerce Payment market in China has also been witnessing increasing demand for digital goods. However, the increasing concern about data security could pose a challenge to the growth of this market.
TechNavio's report, the Mobile Commerce Payment Market in China 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on China; it also covers the Mobile Commerce market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include China Mobile Ltd., China Telecom Corp. Ltd., and China Unicom Ltd. The other vendors mentioned in the report are Shanghai Pudong Development Bank Co. Ltd., Bank of China Ltd., and China UnionPay.
Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
You can request one free hour of analyst time when you purchase this report. Details provided within the report.
TechNavio Announces the Publication of its Report - Mobile Commerce Payment Market in China 2011-2015
TechNavio today launched its report Mobile Commerce Payment Market in China 2011-2015 based on an in-depth study focusing exclusively on China. The report aims to aid decision makers' understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio's Telecom team said: ''As the smartphone penetration is increasing in China, the demand for smartphone applications and services is also increasing rapidly. These applications such as music and games are available as digital goods. The applications can be purchased using mobile commerce by accessing commercial sites through a mobile broadband connection. As mobile broadband connectivity is widely available in China, commercial sites can be easily accessed, and therefore online purchases can be made through mobile devices.''
According to the report, to maintain their subscriptions, service providers are expanding their network coverage and providing high-speed data transfer for their consumers. As the number of mobile internet users is increasing in China, the adoption of mobile payments also increases.
Further, the report also discusses that one of the major challenges is the data security concerns of end-users.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. SHOW LESS READ MORE >
01. Executive Summary
03. Market Coverage
04. Market Landscape
04.1 Market Size and Forecast
04.2 Five Forces Analysis
05. Vendor Landscape
06. Buying Criteria
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Impact of Drivers and Challenges
11. Market Trends
12. Key Vendor Analysis
12.1 China Mobile Ltd.
12.2 China Telecom Corp. Ltd.
12.3 China Unicom Ltd.
13. Other Reports in this Series
List of Exhibits:
Exhibit 1: Mobile Commerce Payment Market in China 2011-2015 (US$ billion)
Exhibit 2: Mobile Commerce Payment Market in China 2011-2015 (million users)
China Mobile, China Telecom, China Unicom, Shanghai Pudong Development Bank, Bank of China, China UnionPay