$4.2T in G20 Internet spend by 2016, says BCG and friends

Internet-based economic activity is expected to reach $4.2 trillion in the G-20 nations by 2016, or more than 5 percent of GDP, and this does not include a whole universe of pursuits not captured in GDP figures. The digital economy is growing at 10 percent a year, significantly faster than the economy as a whole. About 2.5 billion people are connected to the Internet today, a third of the world’s population; there are projected to be about 4 billion users by 2020, or more than half the global population.

$4.2T in G20 Internet spend by 2016, says BCG and friends

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