1. Market Research
  2. > Telecom
  3. > Internet Services Market Trends
  4. > Role of Internet Penetration in Economic Development 

Role of Internet Penetration in Economic Development 

  • December 2015
  • -
  • Frost & Sullivan
  • -
  • 49 pages

Summary

Table of Contents

Role of Internet Penetration in Economic Development : How to Prioritize a Collaborative Approach to Bridge the Digital Divide in Emerging Markets?

The information technology and mobile phone revolution is bringing much needed economic change to emerging countries. However, the pace of growth requires rapid acceleration. As of 2014, 60% of the global population did not have access to the Internet—with 56% out of this 60% living in emerging countries. The study examines the need for a collaborative approach between the public sector, private sector, consumers, and non-governmental organizations to achieve an inclusive information society by means of complete commitment to each constituent’s respective role. Successful bridging of the digital divide in a country will have positive effects across different sectors such as education, healthcare, energy, and governance.

Executive Summary

- Frost & Sullivan’s Demography, Education, Energy, Political Will, Knowledge, Innovation, and Collaboration (D.E.E.P-K.I.C) index helps in understanding the need for bridging the digital divide. Based on the D.E.E.P-K.I.C index scores, the countries are divided into five groups and a prescriptive approach has been provided for their Internet-led economic development.

- Increase in Internet penetration can create significant growth in important sectors such as education, healthcare, energy, and governance in an economy. The top countries in each D.E.E.P-K.I.C country group are listed by the sector in which the Internet will produce maximum growth by 2025.

Broadband penetration is directly linked to its cost; this is based on the average family income and the availability of products and services in the commodity basket, which is within the general population’s purchasing ability. As the annual cost of broadband drops below % of a family’s annual income, its use begins to increase dramatically. For the Internet to be affordable to over % of the world, mobile data consumption would need to be limited to MB per month. Also with price reduction, emerging markets will have one billion, new broadband users in the next five years.

In emerging markets, the main drivers of Internet will be the surge of urbanization, growing middle class, increased penetration of smartphones, and increasing mobile Internet adoption. Due to the establishment of basic and affordable voice connectivity, markets with high growth rates are likely to see accelerating consumer demand for data services and Internet access.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Western Europe telecoms market: interim forecast update (16 countries) 2016–2021

Western Europe telecoms market: interim forecast update (16 countries) 2016–2021

  • $ 7999
  • Industry report
  • February 2017
  • by Analysys Mason

"Telecoms retail revenue decline in Western Europe will be slower than in previous years, falling at a CAGR of –0.5% between 2016 and 2021." Slower revenue decline in Western Europe is a result of increasing ...

Fixed services in Western Europe: trends and forecasts 2016–2021

Fixed services in Western Europe: trends and forecasts 2016–2021

  • $ 7999
  • Industry report
  • February 2017
  • by Analysys Mason

"Despite a decline in overall fixed revenue in Western Europe, fixed broadband and IPTV revenue will grow at a CAGR of 2.5% between 2015 and 2021." Fixed broadband revenue in Western Europe (WE) is expected ...

Middle East and North Africa telecoms market: interim forecast update 2016–2021

Middle East and North Africa telecoms market: interim forecast update 2016–2021

  • $ 7999
  • Industry report
  • March 2017
  • by Analysys Mason

This report provides: - an interim update of our 5-year forecast of more than 175 mobile and fixed KPIs for the Middle East and North Africa, as a whole and for 12 key countries, which was previously published ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.