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27 Facts On

The Future of Business
In A Digital Marketplace
By the end of 2013, there will be more mobile-connected
devices than there are people on earth.
Source: Cisco 2013
Typical mobile users check their phone 150 times per day.
Source: Mary Meeker's Internet Trends, 2013
Content on the internet tripled between 2010 and 2013.
Source: GoGlobe & Qmee
The amount of data stored is doubling every 18 months.
Source: IDC, Aberdeen
90% of all internet traffic in 2017 will be video.
Source: Cisco
YouTube uploads are growing exponentially from 40 hours
per 60 seconds in 2011, to 100 hours in 2013.
Source: Google
Newspapers have lost $40 Billion in advertising revenue
since 2000.
Source: Newspaper Association of America
Mobile traffic as a percent of internet traffic is growing 1.5x
per year (now still only 15%).
Source: Mary Meeker's Internet Trends, 2013
80% of data used on mobile devices is received via WiFi
connections to fixed networks.
Source: OECD Communications Outlook, 2013
80% of the top Global Internet sites are US-based while
devices 81% of the Global Internet population is non-US.
Source: Mary Meeker's Internet Trends, 2013
GPS provider TomTom adds five billion measurement
points every day.
Source: OECD “Exploring Data Driven Innovation”, 2013
Tablet growth is more rapid than smartphones.
(3x iPhone growth)
Source: Mary Meeker's Internet Trends, 2013
The next wave of computing is "wearables" (or "drivables",
"flyables", "scannables").
Source: Mary Meeker's Internet Trends, 2013
In 2010, Hans Vestberg, CEO of Ericsson, predicted that by
2020, 50 billion devices would be connected to the internet.
Source: GIGAom, 2013
By 2017, there will be close to $11 Billion in revenue from
35-million homes using home automation platforms across
the globe.
Source: GIGAom, 2013
Only 7% of Gen Y works for a Fortune 500 company as
start-ups dominate the workforce for this demographic.
Source: Future of Business 2013
Millennials watch TV with 2 or more electrical devices.
Source: Future of Business, 2013
Millennials are 3 times as likely to follow brands over a
family member on social networks.
Source: Future of Business 2013
73% of people surveyed wouldn't care if the brands they
use disappeared from their life.
Source: Co.Exist
The number of sources of content consumed by a shopper
in a purchase doubled from 2010 to 2011 going from 5 to 10
pieces of content consumed.
Source: Mary Meeker's Internet Trends, 2013
Social media sharing has doubled between 2011 and 2013,
with Snapchat taking a large share after only 1 year.
Source: KPCB
Companies are much less likely to do e-sales than epurchases. The percentage of businesses making sales
online is lower than 20% in most countries.
Source: OECD "Electronic and Mobile Commerce", 2013
66% of Millennials will look up a store if they see a friend
check-in.
Source: Future of Business, 2013
Millennials believe that other consumers care more about
their shopping experiences than companies do - that's why
they share their opinions online.
Source: OECD "Electronic and Mobile Commerce", 2013
Peer recommendations drive sales. 70% of consumers said
they were influenced by a friend or family member's online
recommendation, beating out in-person recommendation
(61%), online articles (59%), ads (49%), or someone they
follow online but don't know (32%).
Source: Future of Business, 2013
70% of buying experiences are based on how the customer
feels he or she is being treated.
Source: McKinsey
42% of global marketers say acquiring new customers is
one of the top three marketing challenges facing their
organisation.
Source: IBM

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27 Facts on the Future of Business in a Digital Marketplace

  • 1. 27 Facts On The Future of Business In A Digital Marketplace
  • 2. By the end of 2013, there will be more mobile-connected devices than there are people on earth. Source: Cisco 2013
  • 3. Typical mobile users check their phone 150 times per day. Source: Mary Meeker's Internet Trends, 2013
  • 4. Content on the internet tripled between 2010 and 2013. Source: GoGlobe & Qmee
  • 5. The amount of data stored is doubling every 18 months. Source: IDC, Aberdeen
  • 6. 90% of all internet traffic in 2017 will be video. Source: Cisco
  • 7. YouTube uploads are growing exponentially from 40 hours per 60 seconds in 2011, to 100 hours in 2013. Source: Google
  • 8. Newspapers have lost $40 Billion in advertising revenue since 2000. Source: Newspaper Association of America
  • 9. Mobile traffic as a percent of internet traffic is growing 1.5x per year (now still only 15%). Source: Mary Meeker's Internet Trends, 2013
  • 10. 80% of data used on mobile devices is received via WiFi connections to fixed networks. Source: OECD Communications Outlook, 2013
  • 11. 80% of the top Global Internet sites are US-based while devices 81% of the Global Internet population is non-US. Source: Mary Meeker's Internet Trends, 2013
  • 12. GPS provider TomTom adds five billion measurement points every day. Source: OECD “Exploring Data Driven Innovation”, 2013
  • 13. Tablet growth is more rapid than smartphones. (3x iPhone growth) Source: Mary Meeker's Internet Trends, 2013
  • 14. The next wave of computing is "wearables" (or "drivables", "flyables", "scannables"). Source: Mary Meeker's Internet Trends, 2013
  • 15. In 2010, Hans Vestberg, CEO of Ericsson, predicted that by 2020, 50 billion devices would be connected to the internet. Source: GIGAom, 2013
  • 16. By 2017, there will be close to $11 Billion in revenue from 35-million homes using home automation platforms across the globe. Source: GIGAom, 2013
  • 17. Only 7% of Gen Y works for a Fortune 500 company as start-ups dominate the workforce for this demographic. Source: Future of Business 2013
  • 18. Millennials watch TV with 2 or more electrical devices. Source: Future of Business, 2013
  • 19. Millennials are 3 times as likely to follow brands over a family member on social networks. Source: Future of Business 2013
  • 20. 73% of people surveyed wouldn't care if the brands they use disappeared from their life. Source: Co.Exist
  • 21. The number of sources of content consumed by a shopper in a purchase doubled from 2010 to 2011 going from 5 to 10 pieces of content consumed. Source: Mary Meeker's Internet Trends, 2013
  • 22. Social media sharing has doubled between 2011 and 2013, with Snapchat taking a large share after only 1 year. Source: KPCB
  • 23. Companies are much less likely to do e-sales than epurchases. The percentage of businesses making sales online is lower than 20% in most countries. Source: OECD "Electronic and Mobile Commerce", 2013
  • 24. 66% of Millennials will look up a store if they see a friend check-in. Source: Future of Business, 2013
  • 25. Millennials believe that other consumers care more about their shopping experiences than companies do - that's why they share their opinions online. Source: OECD "Electronic and Mobile Commerce", 2013
  • 26. Peer recommendations drive sales. 70% of consumers said they were influenced by a friend or family member's online recommendation, beating out in-person recommendation (61%), online articles (59%), ads (49%), or someone they follow online but don't know (32%). Source: Future of Business, 2013
  • 27. 70% of buying experiences are based on how the customer feels he or she is being treated. Source: McKinsey
  • 28. 42% of global marketers say acquiring new customers is one of the top three marketing challenges facing their organisation. Source: IBM