Mary Meeker’s Internet Trends report is one of the most eagerly anticipated collections of facts Globally.
Here we summarize the 355 page 2017 Internet Trends Report into key takeaways:

GLOBAL INTERNET TRENDS

  • Solid Internet users growth numbers, but slowing Internet user growth at a flat rate of 10% yoy
  • Global Smartphone shipment growth rate is slowing at 3% yoy
  • People are spending more and more time online. >3 hours a day per user. The maximum increase has been on Mobile devices.

ONLINE ADVERTISING

  • More measurable and actionable than ever.
  • Mobile advertising is growing at 22% yoy
  • Internet Ad Spend has crossed the TV Ad Spend
  • Ad blockers have been rapidly growing both on desktop and Mobile. Users increasingly opt out of stuff they don’t want.
  • Advertisers are increasing Ad efficiency. Right [email protected] time.

E-COMMERCE

  • Online retail sales accelerating in USA at 15% yoy
  • Real Time online customer conversions are rising rapidly.
  • Personalized recommendations, augmented reality are boosting sales.
  • Retail stores closing at a record high.
  • Amazon is becoming a leading supplier of consumer products like baby wipes and batteries in the USA.

GAMES

  • 2.6 Billion gamers, Revenues at $100 B growing 9% yoy. Still early days.
  • Average age of a gamer is 35 years
  • Machine Learning fine tuning the difficult to keep the users engaged.
  • Daily time spent on Games is more than the Facebook ecosystem.
  • Gaming Development tools and platforms are growing rapidly and speeding up the game development process.
  • Online multiplayer gaming is evolving rapidly
  • Esports are expanding the gaming ecosystem by engaging fans/spectators

 

MEDIA

  • Size of Catalog and New music discovery are most important to users
  • Free Trial and Ad free are the top two paid service conversion mediums
  • Subscription and Stream > Download and play > Physical media
  • Videos ramping up across all social media platforms
  • Digital subscriptions are rising owing to massive user experience improvements.
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CLOUD

  • Private and Public Cloud adoption is rapidly increasing against private data centers.
  • AWS is the largest cloud service provider with ~57% market share. Azure, Google, and IBM follow. Also growing rapidly.
  • Data Security, cost uncertainty and vendor lock in biggest concerns to not to migrate to the cloud.
  • Enterprise software migrating from On-prem to cloud and mobile based solutions. More emphasis on design and user experience than ever.
  • Cyber threats and security issues rising. 94% of the Cloud apps are not enterprise ready.

INDIA

  • 355 Mn Internet users, 28% growth, and 27% penetration. Strong Growth.
  • #1 market for Android users time spend and Google play store downloads
  • Smartphone cost and wireless data cost declining rapidly.mMontly data consumed 9x yoy.
  • Broadband subscribers growing at 85% yoy
  • 80% of Internet used is on mobile. Global average is 50%
  • Government supporting online. Aadhar, eKYC, Payments.
  • Paytm registered users at 215 Million.
  • UPI monthly transaction volume at $359 Million. Leadership focussed on pro Digital policies.
  • Indian Entertainment: Mobile time spent is 7x of TV
  • #1 in K12 school system enrolled students @ 250 M. High demand for after school education. Low average age of schooling.
  • <20% Insurance penetration with high demand. 90% expenditure is out of pocket.
  • Online Health hubs and marketplaces for Direct to the consumer and hyperlocal fast emerging.

CHINA

  • China’s service sector contributes to 52% of the GDP led by technology companies.
  • China has ~700 Mn Internet users growing at 12% yoy. 30% yoy growth of Internet usage outpacing user growth.
  • Ecommerce + Games fueling the Internet spend time.
  • China #1 market in the world for game revenues
  • China is #1 globally with 67% market share for on-demand market transportation.
  • Mobile payment volume > $5000 B. Alipay 54%, WeChat 40% market share.
  • E-commerce strong growth @24% yoy. @681 B GMV ,71% Mobile
  • B2C Ecommerce at 15% of retail sales, growing faster than peers globally.
  • China online advertising revenue growing 30% yoy @ $40 B
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HEALTHCARE

  • Rapid growth in Sources of Digital Health Data. Consumer Health and wellness data growing rapidly ~48% yoy.
  • ~25% Americans own a wearable, 12% yoy
  • Health and Fitness App Downloads, 5% yoy in the US, 15% growth yoy ROW
  • Medical Research and knowledge doubling very 3.5 years
  • Accumulation of Genomic data has led to 19x increase in genomic knowledge
  • Healthcare is at a Digital Inflection point globally.

COMPANIES

  • 40% of top 20 companies globally are tech companies, up from 20% in 2012. Combined market cap $7200 B
  • Global tech Financing is strong, M&A robust growth.
  • Compute Power and Human potential are the biggest growth drivers in this day and age.

 

 

Full Report Here: