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. For further information on this report, please visit http://goo.gl/7Z18I
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Telecom, please visit https://www.technavio.com/telecom
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