Why China Will Dominate the Tech Industry in 2015?
“¢Did you know that due to the expansion of the Chinese technology market it will account for over 40% of the global technology industry?
“¢Or that Forbes estimates that Chinese branded smart phones will account for 1/3rd of global sales in 2015?
“¢The real scale of the Chinese tech industry comes in E-commerce where on one Chinese holiday alone, one e commerce company made $5.75 billion in 2013 – almost 3 times more than all of the U.S. E-commerce sites combined made on Cyber Monday in 2014.
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Report: China in Tech Industry by Irishapps.org (4 KB)
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Have a look at this interesting report about China’s tech industry powered to you by Irishapps – Building Ideas
The Consumer Landscape
More than 680 million people in China were online in 2014
Understanding the Chinese Tech Industry
A brief comparison of China with rest of the World on basis of technologies used :
Getting to know the Chinese Tech Industry
China’s Big 3 Tech Giants
Tech Giants – Tencent Alibaba Baidu
Smartphone Penetration – Numbers
Chinese smartphones – The revolution
Mobile Messaging Apps
QQ messenger is number 1 smartphone app in China
Social Media Networking
QZone – Chinese Social Network
E- Commerce Marketplaces
Taobao is an e-commerce marketplace. It is twice the size of eBay and Amazon combined. During Chinese holiday ‘Singles Day’ in 2013, Taobao and its trade site TMall processed $5.75 billion in sales. By comparison, all of the U.S. e-commerce companies combined, processed $2 Billion on ‘Cyber Monday’ in 2014
Alipay is the largest mobile payment platform in the World. It processsed nearly $150 Billion in mobile transactions in 2013. Paypal, on the other hand, processed $27 billion in 2013.
References
www.statista.com
www.cnbc.com
www.businessinsider.com
www.forbes.com
www.bloomberg.com
venturebeat.com
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*This study was presented in the form of info-graphic by IrishApps and published by JustTechThings.com*