Want to understand all the important technical statistics and trends? Legendary venture capitalist Mary Meeker has just released version 2018 of her famous Internet Trends report. It covers everything from mobile to commerce to the competition between tech giants. Check out the full report below and we'll add some highlights soon. Then come back for our slide-by-slide analysis of the key parts of the 294-page report.
- By 2018, half of the world's population or about 3.6 billion people will be online. This is largely because cheaper Android phones and wifi are becoming more and more available, although individual services will have a harder time adding new users when the internet reaches saturation.
- While smart phone shipments are flat and Internet user growth slows, US adults spend more time online thanks to mobile, 5.9 hours a day in 201
- Interest in cryptocurrency explodes as Coinbase's user base has nearly quadrupled since January 2017
- Voice technology is at a turning point for Amazon Echo due to its 95% accuracy and sales explosion, which is expected to be over by the end of 2017 10 million was sold to over 30 million in total.
- Daily usage gains for services like Facebook are closely linked to revenue growth and show how profitable it is to become a regular habit.
- We are at an all-time high for public and private investment in technology, while the top 6 public R & D + Capex donors are all technology companies
- E-commerce growth is accelerating as now 13% of all retail purchases take place online and parcel shipments are rising rapidly and signaling great opportunities for new shopping apps.
- More People Start Searching for Products on Amazon as Search Engines Jeff Bezos still relies on other interfaces, like Facebook and YouTube, to make people want things.
- Subscription services see massive adoptions, with Netflix up 25%, The New York Times up 43% and Spotify up 48% in 2017. A free level speeds up the conversion rates.
- Alibaba is expanding beyond China with strong gross volumes, although Amazon still has sales.
- China has a big opportunity since users are there. They are more willing to exchange their personal data for product benefits than US users.
- Employees are looking for retraining and online education to keep up with new job demands and pay off debt in student loans.
- Flexibility at home, with job openings reaching a 17-year high, and the discovery of freelance work on the Internet means that it grows three times faster than total headcount.
- People are buying fewer cars, keeping them longer and shifting their expenses. Ridesharing rides twice in 2017.
Further analysis follows