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China to have 500mn mobile video streaming viewers by 2020

The number of mobile video streaming viewers will reach 500 million mark in China, generating a market of some $13 billion by 2020. This growth will also put China as the world leader in live streaming market.

China had some 770 million 4G subscribers at the end of 2016, with mobile dominating the LTE market having 535 million users. Social networking sites and monetization supported 4G networks are stimulating the live streaming market growth in the country.

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