The growth of internet and business opportunity
Today we are in internet-age. We are somehow connected with internet services in any activity that we do, whether at our home or in our business place. Within a period of two decades, there is tremendous growth in the use of Internet by the world population. If we look at the trend of growth in the use of Internet by the people all over the world, we can get a fair idea as to what the scenario is going to be in the next two decades. With this information, one can imagine the extent of opportunity that is going to embrace us all in every area where internet is connected. In particular, when we are involved in the domain of online business, it implies that there is unprecedented opportunity waiting for us to get tapped.
See the Statistics:
In the year 1993 out of the world population of 5,578,865,110, only 14,161,570 people were using internet, which was about 0.3% of the world population.
By the year 2005 it reached first billion of people using internet which was about 16% of the world population. The second billion users reached in the year 2010 being about 29% of the world population. This number reached 3 to billion in the year 2014 making the internet users to around 40% of the world population.
In the year 2014, out of the world population of 7,243,784,121 the internet users were 2,925,249,355 (about 40%)
At the time of writing this blog on 9th May, 2015 the number of internet users were at 3,120,268,550.
In terms of country wise number of internet users, the following are the figures:
China has the highest number of internet users (641,601,070) followed by United States (279,834,232), India (243,198,922) and Japan (109,252,912). The share of internet users as a percentage of internet users all over the world are China(21.97%), United States (9.58%), India (8.33%) and Japan (3.74%).
The above figures can give us an idea as to the opportunities that are waiting in future for all of us. With the growth in the number of internet users and change in the culture of people in the internet-age, we are bound to witness unprecedented growth in Online Business. This is the time to develop ourselves and to be ready to grab the coming opportunity. Those who are visionary and committed in the area of internet business, they are going to enjoy the unlimited reward arising out of such development. Let us get ready for that.
My best wishes for growth of WA members.
Data Source:Internet Live Stats (elaboration of data by International Telecommunication Union (ITU) and United Nations Population Division)