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G20 economy predicted to hit $4.2tn by 2016

The G20s digital economy is set to double to $4.2tn by 2016, according to the Boston Consulting Group. The Google-commissioned study found that key drivers behind the increase will be the growth of mobile internet, the popularity of social media and the continued strength of emerging markets.However the main factor will be the dramatic increase in the number of web users, which it predicts will increase from 1.9bn in 2010 to 3bn in 2016  this accounts for around 45% of the worlds population. Within the report, IBM predicts that...

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Published By: econsultancy - Friday, 27 January