Tuesday, August 14, 2007

China's Internet market hits RMB 10.18 billion

iResearch reports that the Internet market size of China increased around 35% year-over-year and just hit RMB 10.18 billion in the first quarter of 2007. According to the research center mobile-value added services, online gaming and online advertising make up the biggest market share and contributed significantly to the rapid growth. However other industries such as e-commerce and search engine are also main contributors to growth

06Q1 - 07Q1 Market Share of China Internet Industries

The above graph shows that mobile value-added services market share had dropped about 10% since 06Q1 where as online games market share had increased to 29.8% and based on the current trend, iResearch reckoned online game market share is likely to exceed mobile value-added services and becomes the largest internet industry in China very soon.

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