You are currently browsing the monthly archive for March 2012.
The Boston Consulting Group has produced a report looking at how the Internet is growing.
- By 2016, there will be 3 billion Internet users globally—almost half the world’s population.
- The Internet economy will reach $4.2 trillion in the G-20 economies.
- If it were a national economy, the Internet economy would rank 5th in the world. (behind only the U.S., China, Japan, and India)
- It already amounted to 4.1 percent of GDP, or $2.3 trillion, in 2010
- The Internet is contributing up to 8 percent of GDP in some economies, powering growth, and creating jobs.
- The scale and pace of change is still accelerating
- Developing G-20 countries already have 800 million Internet users, more than all the developed G-20 countries combined.
- Social networks reach about 80 percent of users in developed and developing economies alike.
- Mobile devices i.e. smartphones and tablets, will account for four out of five broadband connections by 2016.