Internet Services in China - Industry Market Research Report

Revenue for the Internet Services industry is expected to grow at a rapid 7.2% in 2023, to reach $937.0 billion. Industry revenue is expected to grow at an annualized 12.5% over the five years through 2023, driven by booming domestic demand. The number of internet users in China has increased rapidly over the period. The COVID-19 outbreak in China drove market demand for internet services in China. The pandemic situation in China was serious in 2020, and revenue for the Internet Services industry increased rapidly during this period. The Internet Services industry in China provides users with internet information publishing and application platforms, including internet news and information services, search engines, instant messaging, interactive information services, online live streaming, advertising promotion, online storage, application software download, etc. Ecommerce businesses are not included in the industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.