As smartphone penetration plateaus in China, Internet companies in China are eagerly hunting for the next major platform that will sustain continuous growth. But before the dawn of the next technological revolution, how to maintain growth momentum in such a saturated market is the biggest question for all players.
China Tech Insights, an industry research project established by Tencent Online Media Group in 2016, outlined some major trends and predictions for China's tech industry in 2017. As valuation bubbles are squeezed out further, Chinese technology companies will adjust their globalization ambitions and search for growth in more niche markets, it said in a report.
Here are the top ten trends:
1. The time has come to shift towards historically less optimal market segments
In 2016, China’s mobile internet ...
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