BRIC (Brazil, Russia, India, China) plus Indonesia are where internet and mobile are exploding
Doyen of internet analysis Mary Meeker of Morgan Stanley has provided some great data and insights in her presentation at Web 2.0 today. She has framed it around 10 questions Internet executives should ask themselves (and answer). The full deck is well worth going through – I have put that at the bottom of the post – but I wanted to highlight a couple of her slides on globalization of the internet and mobile.
Almost half of the people in the world using the internet are in five countries: the US plus the BRIC countries of Brazil, Russia, India, and China). The US is close to full penetration, though there is still a little further to go, and the pace of growth in Brazil is slow despite only being at 39% penetration – this is likely to increase. Where there is undoubtedly extraordinary potential for growth is in China, where internet usage is soaring, and India, where growth hasn’t yet started to properly ramp up. Russia, while not as populous as its neighbors, still has plenty of scope of growth. In short, these five countries will soon account for significantly more than half of the world’s internet population.