OfficialWire: Future Of The Internet – Web 2.0 And Beyond – New Market Report Published.

New report provides detailed analysis of the Information Technology market

The growth of the Internet both in terms of users and traffic generated has been phenomenal. In 2000, there were 400 million users. By 2009, the number of users had swelled to 1.5 billion. The growth in traffic generated is even more impressive. In 2000, global Internet traffic was one hundred thousand GBs. By 2009, the traffic had gone up to 10.94 billion GBs.

By 2016, there will be 5.8 billion Web users generating 65.1 billion GBs of Internet traffic. The fastest growth will be in Africa, followed by the Asia-Pacific region and then Latin America. North America will experience the slowest growth. Several factors have been responsible for the growth of the Internet.

These include increased broadband availability and declining costs of the Internet. The growth in traffic, in particular, is being propelled by the emergence of Web 2.0 as well as the deployment of rich Internet applications.Internet growth is also being driven by the growth of Internet-enabled mobile device.

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