Internet users. As of June 2018, 55.1% of the world’s population has internet access. In 2015, the International Telecommunication Union estimated about 3.2 billion people, or almost half of the world’s population, would be online by the end of the year.

When  P V Sindhu played the Olympics Badminton final, 10 lakh people searched in Google to find her caste. This prompted me to find out the internet business potential in India.

Difference between total population of China and India: 4.1%

Difference between internet population of China and India: net 46%, 56% from India’s current level, penetration of only 34%, whereas its 52% and 88% in China and USA, respectively.

The global average is 46%.

#	Country	Internet Users(2016)	Penetration(% of Pop)	Population(2016)	Non-Users(internetless)	Users 1 YearChange (%)	Internet Users1 Year Change	Population1 Y Change
1	China	721,434,547	52.2 %	1,382,323,332	660,888,785	2.2 %	15,520,515	0.46 %
2	India	462,124,989	34.8 %	1,326,801,576	864,676,587	30.5 %	108,010,242	1.2 %
3	U.S.	286,942,362	88.5 %	324,118,787	37,176,425	1.1 %	3,229,955	0.73 %
4	Brazil	139,111,185	66.4 %	209,567,920	70,456,735	5.1 %	6,753,879	0.83 %
5	Japan	115,111,595	91.1 %	126,323,715	11,212,120	0.1 %	117,385	-0.2 %
6	Russia	102,258,256	71.3 %	143,439,832	41,181,576	0.3 %	330,067	-0.01 %
7	Nigeria	86,219,965	46.1 %	186,987,563	100,767,598	5 %	4,124,967	2.63 %
8	Germany	71,016,605	88 %	80,682,351	9,665,746	0.6 %	447,557	-0.01 %
9	U.K.	60,273,385	92.6 %	65,111,143	4,837,758	0.9 %	555,411	0.61 %
10	Mexico	58,016,997	45.1 %	128,632,004	70,615,007	2.1 %	1,182,988	1.27 %

                                                                                                                            

Source:internetlivestats

Akamai Q4 2015 global average connection speeds rankings

Rank	Country/Territory	Avg.speed(mb/s)	Relative speed
–	Global	5.6
1	South Korea	26.7
2	Sweden	19.1
3	Norway	18.8
4	Japan	17.4
5	Netherlands	17.0
6	Hong Kong	16.8
7	Latvia	16.7
8	Switzerland	16.7
9	Finland	16.6
10	Denmark	16.1

Akamai Q3 2015 rankings

Country/Territory

Avg. connection speed (Mb/s)

Avg. Peak Connection Speed (Mb/s)

Above 4 Mbit/s

Above 10 Mbit/s

Above 15 Mbit/s

United States	12.6	57.3	80%	46%	24%
China	3.7	23.1	33%	1.60%	0.30%
India	2.5	18.7	14%	2.30%	0.80%

                                                                                                                Source:Wikipedia

Difference between internet bandwidth speed of China and India: 40%, 48% from India’s current level.

Difference between internet bandwidth speed of USA and India: 242%, 404% from India’s current level.

Hence taking everything into account, there is a huge catch-up in the internet sector, which will create lots of opportunities, in the services and business sector.

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article by dipesh majumdar