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Mary Meeker's Sobering Report On Internet Use Slowdown

  • KPCB, Thursday, June 2, 2016 7:08 AM
Check out Internet analyst Mary Meeker's video presentation at the Code 2016 conference. Meeker offers a sobering and fascinating report on slowing smartphone and Internet growth globally, among other trends. Meeker said the number of global Internet users stands at 3 billion and that growth is flat, up 9% year-over-year but it's actually decelerating if you exclude India. However, in India itself, Internet user growth is rising, up 40% year-over-year vs. 33% last year. In Q4 of 2015, India surpassed the U.S. to become the No. 2 market for Internet users in the world behind China. Meeker noted that global smartphone user growth is slowing, up 21% vs. 31%, year-over-year. Plus, global smartphone unit shipments are "slowing dramatically," increasing by 10% vs. 28% in 2015.

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