Henry Blodget's deck on the state of the Internet is a must read. With 138 slides packed with information about the global growth of internet, smart devices and modern media, it is a powerful testimony and evidence to everything that we know today about the mobile revolution that has swept the world.
Some interesting statistics emerging from the report are:
Some interesting statistics emerging from the report are:
- 2 billion people are online
- Last year, smartphone sales overtook PC sales and tablets are set to follow suit
- Nearly half of the US now owns a smartphone, and China now accounts for 1/4th of global smartphone sales.
- Mobile devices account for 12% of global internet traffic
- On mobile, people spend more time on apps than they do browsing the web
- With $ 1089 billion value, the 'new media' companies like Apple and Google have overtaken the traditional media companies which are valued at just $366 billion
- Portals are dying, with people spending more time on social media
- Google will play a critical role in e-commerce with 60% of referrals to e-commerce sites being driven by the search giant.
Source : Business Insider