According to Mary Meeker’s Internet Trends Report 2019,Over half of the world’s population has access to the internet now with a majority of users which is about 53% coming from the Asia-Pacific region.
The report says that India has the second largest internet user base at 12% while China leads with 21% internet users globally.The United States is third with 8% internet users globally.
The report also says that seven of the top 10 companies across the world by market capitalization are technology companies.Out of these, four of the top six are based in the US while two are Chinese companies.
The report further revealed that ecommerce occupies 15% of global retail sales at present.Sales from online channels went up by 12.4% compared to offline retail sales that grew a mere 2%.
The report further says that the global smartphone shipments fell by 4% in 2018 highlighting the fact that when markets reach mainstream new growth is harder to find.
However,the report highlights that as the Internet continues to grow,it’s having its share of problems as well.Removing inappropriate content still remains a major issue for major social platforms on the Internet.Also, social media has lead to increased political polarisation and divisiveness.
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