scorecardresearch
Follow Us:
Friday, July 01, 2022

Mary Meeker Internet Trends 2016 report: India driver of growth for the world

India now has 277 million Internet users surpassing the US and second only to China, says the Mary Meeker report.

Written by Nandagopal Rajan | New Delhi |
Updated: June 3, 2016 2:18:43 am
mary meeker, internet india, internet report, global internet users, Mary Meeker says India has 277 million Internet users

At 43 per cent year-over-year growth, India is the only exception of the flat growth that internet has witnessed across the world, says the annual Internet Trends Report by Mary Meeker of investment firm Kleiner Perkins Caufield & Byers. Arguably the most authoritative report on the Internet across the world, it says while there 3 billion global users now, the growth has fallen to around 9 per cent.

India now has 277 million Internet users surpassing the US and second only to China, says the report. Despite this, just about 22 per cent of the Indian market is penetrated, offering scope for huge growth, particularly on mobile.

However, the report puts India along with countries like Indonesia where there are medium to high barriers due to challenges in incentives and infrastructure to acquire new users.

Another significant aspect of the report is the fact that smartphone shipments are slowing globally, recording a 21 per cent growth in users and just 10 per cent rise in shipments. This is down from 31 per cent for users and 28 per cent of shipments. Asia-Pacific contributes the largest number of users at 52 per cent of the global users. This was just 34 per cent in 2008, showing how the dynamics have shifted.

Best of Express Premium
A century old, how Gita Press came to be ‘leading purveyor of print...Premium
Explained: What unchanged small savings rates mean for banks, saversPremium
Fadnavis stunned, but BJP clear about reasons, kept Eknath Shinde in loopPremium
Don’t ignore the services sectorPremium

Also, at $158 per unit, India has the lowest average smartphone cost, though it is about 10 per cent of the per capita income.

UPSC KEY Have you seen our section dedicated to helping USPC aspirants decode daily news in the context of their exams?

📣 Join our Telegram channel (The Indian Express) for the latest news and updates

For all the latest Technology News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard
Advertisement
Advertisement
Advertisement
Advertisement