China's internet user base is expected to grow at over 60% for the next 5 years. Thought some here would appreciate the following story:
(COMTEX) B: CHINA: THE WORLD'S FASTEST GROWING INTERNET MARKET
B: CHINA: THE WORLD'S FASTEST GROWING INTERNET MARKET
WASHINGTON, Jun 28, 1999 /PRNewswire via COMTEX/ -- In 1999, Chinese
Internet users will climb from 2.1 million to more than 6.7 million.
Further, by 2003, China's Internet user base will exceed 33 million,
growing at an annual rate of nearly 60% over the next five years. These
results from the recently released report, "The Internet in China,"
jointly published by BDA (China) Limited and The Strategis Group,
suggest that China is already the fastest growing Internet market in
Asia and will become one of the world's leading markets in the next
five years.
"With more 33 million users by 2003," says Duncan Clark, partner at BDA
China, "each new user that comes on-line creates new opportunities for
Internet-related business, enabling companies to leverage their
technology, service or capital in one of the world's most exciting
Internet markets."
Millions of Internet Users in China
1997 1998 1999 2000 2001 2002
2003
Internet User base 0.9 2.1 6.7 12.0 17.3 25.5
33.6
PC base 8.2 11.1 14.0 17.7 22.6 28.9
37.3
Source: The Internet in China, BDA China Limited and The Strategis
Group,Inc.
China's ISP market is experiencing "survival of the fattest"; those
ISPs, typically owned or funded by China Telecom, with access to the
fattest pipes (dial-up lines, leased lines and Internet bandwidth) have
emerged on top. Nevertheless, opportunities are growing for new
players, including cableTV operators, to tap revenues in the ISP
market, which are forecast toexceed US$4 billion by 2003.
China also presents a burgeoning market opportunity for Internet
equipment, software and service. The Internet in China forecasts this
sector to exceed US$160 million in 1999. Foreign vendors currently
dominate China's Internet infrastructure market, but domestic players
are expanding their efforts to serve this growing market.
"The Internet in China" is the most comprehensive report available
onthe prospects for the Internet throughout China. The report is based
on extensive interviews with regulatory authorities, equipment vendors,
Internet Service Providers (ISPs), software vendors, Internet Content
Providers, E-commerce developers, and systems integrators in China and
overseas.
"The Internet in China" analyzes all aspects of the Internet
marketplace,including:
* ISP and access services
* Current and forecast advertising revenues
* Electronic commerce services
* Profiles of key ISPs, vendors, content providers, e-commerce, and
systems integrators
* Infrastructure suppliers and revenue forecasts
* Overview of user characteristics
* Examination of applications
* Opportunities for Internet businesses
* Regulatory framework
BDA (China) Limited is the leading Internet and telecom market strategy
firm in China. BDA was founded in 1994 and enjoys long-standing
relationships with leading Internet firms, telecom service providers,
equipment vendors, media companies, investment banks, venture capital
firms, consultancies and government officials in China and overseas.
BDA has offices in Beijing, Hong Kong and Shanghai. For orders from
Greater China call BDA in Hong Kong +852 2525 1719 or fax: +852 2525
0417. More details on BDA including contact information can be found on
BDA's website at www.bdaco.com.
The Strategis Group, an edr company (e data resources) -- with offices
in Washington, D.C., London, and Singapore -- publishes in-depth market
research reports and provides customized consulting services and
continuous information solutions to the cable TV, satellite, Internet,
competitive telephony, broadband and wireless communications
industries. The Strategis Group's market studies, valuations, and
strategic planning projects provide crucial information to
communications industry leaders throughout the world. To order The
Internet in China contact Timothy Riordan at The Strategis Group in
Washington DC at 1-202-530-7591, or e-mail triordan@strategisgroup.com
(In the US call toll free 888-874-8353). Price: US$3,000 for paper,
US$4,500 for Adobe PDF or HTML. Electronic versions include single user
site license and one complimentary paper copy.
SOURCE The Strategis Group
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com -0-
CONTACT: Alexandra Rehak of BDA (China) Limited, +852-2525-1719,
or
bdachina@attmysite.com; or John Zahurancik of The
Strategis Group,
202-530-7500, or jz@strategisgroup.com
WEB PAGE: strategisgroup.com
GEOGRAPHY: China
District of Columbia
INDUSTRY CODE: MLM
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