Thursday, May 31, 2012

Emerging markets are driving the web, no bubble in sight: The Meeker files

Emerging market countries are driving internet growth. Thing is, it’s not the only the usual BRIC suspects that are steering the ship.

In fact the countries that are really surging ahead include likes of The Philippines, India, and Indonesia. That’s according to the 2012 Internet Trends report from renowned web analyst Mary Meeker, sometimes referred to as the “Queen of the Net”.

Meeker, a partner at VC company Kleiner Perkins Caufield Byers (KPCB), unveiled her annual trends report at All Things Digital’s D10 conference.

According to Meeker, there are now 2.3-billion web users around the world. Despite continued growth however, global internet penetration only stands at around 32%.

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