Internet Economy: $4.2 Trillion by 2016

The Internet economy of the G-20 is projected to reach $4.2 trillion in 2016 -- nearly double the size it was in 2010, according to The Boston Consulting Group.

The biggest driver is the increase in the number of users around the globe -- from 1.9 billion users in 2010 to a projected 3 billion users in 2016, about 45% of the world's population. The rise of the emerging markets, the popularity of mobile devices, especially smart phones, and the growth of social media are also compounding the economic impact of the Internet.
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