You are here:  Home  News  News Article

Thursday 23rd February 2012

SEARCH NEWS ARTICLES

View All News
Open the calendar
Open the calendar

News Article

News Archive

G20's internet economy to double by 2016

27/01/2012 G20's internet economy to double by 2016The internet economy of the G20 nations will almost double by 2016, from $2.3 trillion (£1.5 trillion) in 2010 to $4.2 trillion.

This is down to the growing number of internet users around the world, which will rise to three billion by 2016, a report by The Boston Consulting Group shows. This represents 45 per cent of the world's population.

It predicted that in the next four years, almost 70 per cent of internet users in the G20 will be from emerging markets, with China growing in particular. A rise in the use of mobile devices will also be a large contributor to the internet economy.

"Understanding the economic potential of the web should be an urgent priority for leaders," commented Google's senior vice president and chief financial officer, Patrick Pichette.

He stressed that the report makes a "powerful case" for countries and businesses to "get online and reap the rewards of an age of data".

The report also highlighted the need for businesses to go digital and harness the possibilities the web offers.
Want to keep up-to-date with the latest news? Sign up to receive our weekly e-Newsletter.
Delicious
Submit

Latest Jobs

  • Test Manager - Radio and Music

    The BBC are looking for a Test Manager to join the Radio and Music Product Team which is responsible for delivering innovative and exciting online experiences around some of the best radio content in the world for our... More

  • Test Manager

    The BBC are looking for a Test Manager to join the Radio and Music Product Team which is responsible for delivering innovative and exciting online experiences around some of the best radio content in the world for our... More

  • Operations Shift Leader

    The BBC are looking for an Operations Shift Leader to join the 24/7 Operations Team within Future Media (FM) Digital Distribution & Operations, which is the team responsible for the management and 24/7 technical... More

  • Senior Technical Project Manager

    The BBC are looking for a Senior Technical Project Manager to join The World Services team, which is responsible for managing the websites and apps which deliver independent news and analysis across the world in 27... More

  • Developer (TDD / BDD / Testability)

    This is a fantastic opportunity for you to work with one of the UK’s top Media companies on one of our flagship products, BBC iPlayer. We would like you to work with the iPlayer for Web Test Team... More