Skip to main content

Internet Trends 2018


20 takeaways from Meeker’s 294-slide Internet Trends report

I am yet to meet a Millenial and Young adult whose life is not impacted by Internet and Mobile.
Mary Meeker every year publishes an Internet Trends report.  Here are the key takeaways from the report and global trends.

You must keep a broad view to understand how the world is changing around you and connect the dots to understand how these changes affect your own Life and behaviours.


  • Internet adoption: As of 2018, half the world population, or about 3.6 billion people, will be on the internet. That’s thanks in large part to cheaper Android phones and Wifi becoming more available, though individual services will have a tougher time adding new users as the web hits saturation.

  • Mobile usage: While smartphone shipments are flat and internet user growth is slowing, U.S. adults are spending more time online thanks to mobile, clocking 5.9 hours per day in 2017 versus 5.6 hours in 2016.

  • Mobile ads: People are shifting their time to mobile faster than ad dollars are following, creating a $7 billion mobile ad opportunity, though platforms are increasingly responsible for providing safe content to host those ads.

  • Crypto: Interest in cryptocurrency is exploding as Coinbase’s user count has nearly quadrupled since January 2017

  • Voice: Voice technology is at an inflection point due to speech recognition hitting 95% accuracy and the sales explosion for Amazon Echo which went from over 10 million to over 30 million sold in total by the end of 2017.
  • Ecommerce vs Brick & Mortar: Ecommerce growth quickens as now 13% of all retail purchases happen online and parcel shipments are rising swiftly, signaling big opportunities for new shopping apps.

  • Amazon: More people start product searches on Amazon than search engines now, but Jeff Bezos still relies on other surfaces like Facebook and YouTube to inspire people to want things.

  • Subscription services: They’re seeing massive adoption, with Netflix up 25%, The New York Times up 43%, and Spotify up 48% year-over-year in 2017. A free tier accelerates conversion rates.

  • Education: Employees seek retraining and education from YouTube and online courses to keep up with new job requirements and pay off skyrocketing student loan debt.

  • Freelancing: Employees crave scheduling and work-from-home flexibility, and internet discovery of freelance work led it to grow 3X faster than total workforce growth. The on-demand workforce grew 23% in 2017 driven by Uber, Airbnb, Etsy, Upwork, and Doordash.

  • Transportation: People are buying fewer cars, keeping them longer, and shifting transportation spend to rideshare, which saw rides double in 2017.
  • Enterprise: Consumerization of the enterprise through better interfaces is spurring growth for companies like Dropbox and Slack.

  • China: Alibaba is expanding beyond China with strong gross merchandise volume, though Amazon still rules in revenue.

  • Privacy: China has a big opportunity as users there are much more willing to trade their personal data for product benefits than U.S. users, and China is claiming more spots on the top 20 internet company list while making big investments in AI.

  • Immigration: It is critical to a strong economy, as 56% of top U.S. companies were founded by a first- or second-generation immigrant.



Comments

Popular posts from this blog

Hello !

Hello ! I am Ruchi - a HR Consultant. You can read more about me here . And you can follow me on LinkedIn and Twitter.  I am starting Campus to Corporate blog to help students & young professionals in India and all over globe acquire skills that matter most to the organisations in 21st Century.  It is unfortunate that many of our Educational Institutions have not kept pace with the changes happening in the workplace and still impart Education based on outdated curriculum. This leads to Employability Problem India.    There is a wider need for Industry Academia deep association. Many progressive and reputed Institutes have stronger tie ups with Industry and regularly invite Industry Experts for Students Interaction. Recently I was invited by OP Jindal University for a panel discussion on Digital Marketing . I also gave a talk on Future of Work on invitation by Delhi School of Economics HRD Students . As a kind gesture , you can subscribe to my ...

Internship at Frapperz

Dear Campus Students, Here is an exciting Internship opportunity at Frapperz Contact me if interested - Ruchibhatia23@gmail.com Role - Campus Journalist Skills - Marketing, PR, Writing, Editing, Journalism, Content Writing Location - Remote

I will be at TechHRIn . Will you be there on 1st Aug ?

To make business happen, you have to be at the right place, at the right time. People Matters HR Conference, TechHR gives you that opportunity and platform. It is where meaningful conversations take place among professionals and business stalwarts. It is where innovation guides the way and thought leaders and new age service providers converge to create an ecosystem of brilliance in the domain of work technology. In other words, TechHR is where business happens. Some of the key sessions I am looking forward to learn from : Join me for the #Friday #Keynote on insights for preparing the right AI-driven #BusinessStrategies in #HCM @PeopleMatters #TechHRIN https://t.co/7S8AIAs3g7 Aug 1-2 #FutureOfWork #NextGenHCM pic.twitter.com/wHe6qMGrRE — Holger Mueller (@holgermu) July 25, 2019 Excited to welcome #PiyushPandey , Chief Creative Officer Worldwide and Executive Chairman India at @Ogilvy at People Matters #TechHRIN '19. Get an inside peek into the mind and ge...