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Wu Hequan, President, Internet Society of China: Mobile Healthcare, Mobile Payment are Key Trends to Watch

Wu Hequan, President of the Internet Society of China singled out mobile healthcare and mobile payment as key trends to watch at the Global Mobile Internet Conference (GMIC) in Beijing.

What’s driving these trends? First, the increasing speeds of the mobile internet: 4G access is available in major cities, and the volume of mobile data is growing by 61% every year.

Second, increasing number of sensors which can respond to changes in the local environment are being built into smartphones and tablets, and this is enabling exciting new abilities for apps. Wu Hequan gave the example of sensors which measure your vital signs, check for inflammation or even detect cancer cells. Mobile healthcare can change the way we seek healthcare and how doctors treat diseases. By the end of 2012 the mobile healthcare market was valued at more than 6.6 billion USD, and is expected to grow to over 20 billion USD this year.

Mobile payment, particularly when associated with location based services, has the opportunity to change the way that internet users interact with all kinds of businesses.

Wu Hequan noted that the mobile internet data transmission is not that stable at present, and that more work must be done to enable high throughput for certain applications.

He observed the tension between traditional carriers and OTT vendors, and pointed out that as the mobile internet market becomes liberalized and more open, there has been a mushrooming of innovation.

Wu Hequan rounded up his talk by reminding the audience that the mobile internet is still developing fast, that there are still more unknowns than knowns, and that success cannot be copied – China must still seek true innovators.

Author: Matt Mayer – Director, ReignDesign
From Idea to App Store
http://www.reigndesign.com/blog/

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