Tuesday, October 7, 2008

The Scale of China Internet Market will Reach 200 Billion Dollars

Analysys InternationalAnalysys International recently released data shows, during 2007-2011 the value-added of China Internet market growth will slow down gradually, but will remain at more than 30% annual growth rate. It is predicted that by 2011 the scale of Internet market will reach 200 billion US Dollars and the number of the Internet users will up to 6 billion.

Analysys International forecasts China Internet market's comprehensively and integrated development trends will continue to strengthen; the scope of services cover instant messaging, search engines, e-commerce and so on. The number of Internet value-added services supplier will further increase. With the development of 3G market, mobile Internet has the capability of carring existing broadband Internet business, making integration trend of broadband Internet and WAP will be further strengthened.

In 2008, China Internet market M & A fever will continue to heat up.The target of mergers and acquisitions will include vertical web site, advertising market platform , Web2.0, video sharing.

Originally Posted: China Business Daily
Author: Angulo Fu