The meaning of
Internet Economy is developing business idea's through markets, Whose infrastructure is based on the Internet.
Internet use worldwide has been growing at a faster pace in terms of the number of users and Internet penetration. Developed nations over the world account for more than half of Internet users.
United States tops in the Internet penetration ranking among developed nations. Internet users in Asian region are rising very fast.
Internet penetration of large enterprises among developed economies has almost 100 percent.
(Internet Users By Region and Level of Development)
Region |
Year |
|
2004 |
2005 |
World |
854 041 719 |
1 020 614866 |
Developed Economies |
479 924 204 |
531 289 219 |
Asia |
67 360 000 |
89 173 852 |
Europe |
191 273 204 |
205 412 718 |
North America |
205 941 000 |
219 758 649 |
Oceania |
15 350 000 |
16 944 000 |
Developing Economies |
337 645 107 |
441 132 301 |
Africa |
23 213 421 |
35 389 128 |
Asia |
250 121 471 |
316 233 484 |
Latin America and Caribbean |
63 976 215 |
89 135 132 |
Oceania |
334 000 |
374 557 |
South-East Europe and CIS |
36 472 408 |
48 193 346 |
Source: UNCTAD