Smartphones continue rapid mobile internet growth | UK Business ...

Derek Smalls - Sunday 10.02.13, 18:49pm

With each passing year online shopping and the internet economy continue to grow at a rapid pace. Reports suggest the web economy in G20 countries alone is set to increase by at least 50% by 2016 driven mainly by the continuing and rapid rise of mobile internet access and mobile internet use. A study supported by Google assumes that by 2016 three billion people will be using the internet.? That?s a staggering 50% of the world?s population.

Current trends show that approximately 200 million people each year are going online and using the internet for the first time.? The popularity of smartphones to access online apps, internet shopping and to enjoy online gaming and entertainment is the leading component in internet usage growth. Predictions suggest by 2016 about 80% of all internet users will access the web using a mobile phone.

One such study by the Boston Consulting Group suggest the emergence of a ?new internet? where:

• web access will not be a luxury any more

• the majority of web users will live in emerging markets (within four years, China is expected to be home to 800 million people using the internet; that is more than the United States, India, France, Germany and the UK taken together)

• about 80% of all internet users will access the web from a mobile

• the internet will go social, and allow customers and companies to engage with each other

Smartphones give instant access to bank accounts, social media, your business and entertainment, as long as you have an internet connection. This has driven mobile technology in areas of app development and online gaming.? The world of gaming and gambling continues to experience rapid expansion as it rides on the crest of continuing popularity of online connectivity and mobile usage for entertainment.

According to a market review by PricewaterhouseCoopers last year, the gambling industry was going to be worth $150 billion by the end of 2012; and online gambling plays an ever-increasing stake in the industry?s annual revenue and growth. There are now thousands of gambling websites offering virtual casinos and other games such as www.mobilecasinocanada.ca where gamblers can choose from a wide range of games playing 24/7 every single day of the year, resulting in a very lucrative business that is growing throughout the world.

The iPhone was certainly not the first smartphone on the market but it certainly helped increase the global popularity of mobile internet usage. Nokia, Samsung, Blackberry and others are now back in the race for a large slice of the mobile internet pie that continues to change the way we enjoy entertainment, run our personal lives and do business online.

Source: http://www.uk-business-news.co.uk/smartphones-continue-rapid-mobile-internet-growth/951

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