The Internet economy among G-20 nations is expected to nearly double by 2016, reaching $4.2 trillion (up from $2.3 trillion in 2010), according to a projection released today by the Boston Consulting Group.
The big drive in the web economy over the next few years will be a massive influx of new users — with 3 billion users in 2016, up from 1.9 billion in 2010 — the consulting group reports.
“No company or country can afford to ignore this development. Every business needs to go digital,” Boston Consulting partner David Dean said in a statement today. “The ‘new’ Internet is no longer largely Western, accessed from your PC. It is now global, ubiquitous, and participatory.”
To read the full, original article click on this link: Internet economy set to hit $4.2T in 2016, half of world’s population will be online | VentureBeat
