China's M-Commerce Generates CNY5.8bn Output Value in 2005
September 28, 2006
China's M-Commerce Generates CNY5.8bn Output Value in 2005. Check it out:(SinoCast China Business Daily News Via Thomson Dialog NewsEdge) BEIJING, September 29, SinoCast -- Mobile commerce is leading the tide of Internet and enterprise management and becomes a shining sector of IT market growth, along with the increasing need for mobile office and real-time management and communication.
CCID Consulting, a leading IT market researcher in China, says in a report that excluding hardware, the mobile commerce industry generated total output value of CNY 5.85 billion (USD 1 = CNY 8.00) in 2005, increasing 19.4% from a year earlier.
The growing speed is lower than other sectors of mobile telecom industry and the mobile telecom carriers' revenue made up 69.3% of the total output value. The other parts in the chain of mobile commerce have not fully realized their value.
When the 3G era comes, the advanced technologies will facilitate the development of mobile commerce, which just includes four parts at present: short messaging service, mobile payment, mobile e-mail, and mobile searching service.
Copyright 2006 SinoCast LLC Source: Financial Times Information Limited -
Related Tags: output value, mobile commerce, mobile, commerce, value, China
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