Wired Telecommunications in China - Industry Market Research Report

Wired Telecommunications in China - Industry Market Research Report

Wired Telecommunications in China

The Wired Telecommunications industry is part of the telecommunication services sector. In terms of revenue, the industry is the second largest in the sector, after the Mobile Telecommunications industry (IBISWorld report 6012). However, the industry's share of telecommunications sector revenue has been declining since the early 2000s. Mobile telecommunications have rapidly developed over the past decade with both third-generation (3G) and fourth-generation (4G) mobile technology, allowing more consumers to substitute fixed-line telecommunication services with mobile ones. Additionally, fifth-generation (5G) mobile technology started commercial application in 2019. As of December 2020, China had announced more than 250 million fifth-generation (5G) users. This trend is well reflected in the total number of fixed-line subscribers, which is expected to decrease by 4.8% in 2023, to 157.7 million, as smartphones continue to grow in popularity. Industry revenue is anticipated to decline at an annualized 4.8% over the five years through 2023. This includes an expected fall of 5.0% in 2023, to $7.5 billion. Industry profit margin is estimated at 10.0% in 2023.

The Wired Telecommunications industry in China comprises establishments providing voice, data, image, multimedia and information services through fixed-line telephone networks. Telecommunication services provided by dedicated telephone networks within some specialized industries and institutions, such as power generation, police, oil, aviation and railways, are not included in this industry. In addition, the industry does not include content providers of value-added services.

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.