Thread by @RBouschery

Mary Meekers famous #InternetTrends2019 report is out. Here's a tweet-storm summary of my favorite insights & slides ⬇️

All credits go to Mary Meeker, @bondcap, Hillhouse Capital and the mentioned sources.

Global internet penetration is now at 51% (3.4B people), growth is slowing (6% Y/Y vs 7% in ‘17)

53% of global Internet users are from APAC, 15% from Europe, 13% from Africa and ME, 10% Latin America & Caribb., 9% from North America.

Penetration is highest in NA with 89%, followed by Europe (78%), LA&C (62%), APAC (48%), Africa & ME (32%).

The only European company in top 30 of largest Internet companies by market cap: Spotify (Sweden) at place 30/30.
One Japanese company (Recruit Holdings), one Canadian (Shopify), one Australian (Atlassian), one Argentinian (MercadoLibre).

Rest: US & China.

E-commerce is steadily taking market share: now 15% of retail sales in the US

Daily time spent with digital media (adults in US) is on the rise & accelerating (7% Y/Y vs. 5%), majority on Mobile (3.6h - growing), followed by Desktop/Laptop (2h - stable/slowing), other devices (0.7h - growing).

In US, time spent on Mobile > time spent watching TV for the first time.

Instagram & Youtube are biggest winners of this trend: 27% of global Internet users use YT daily, 19% use Instagram daily in Q4 ‘18 (vs. 22% & 13% in Q2 ‘17).

Podcast listening has 2x over last 4 years in the US, now at 70MM monthly active users (MAU). Most listened to podcasts are a mix of traditional players and independent players.

With increasingly more data volume & utilization, technology’s rate of change is overtaking humans’ ability to adapt to it.
Skills for faster learning, quicker iteration and experimentation are needed.

63% of adults in the US are trying to limit their personal smartphone use.

Traditional media platforms are more commonly citing content originally posted on Social Media, making a powerful amplifying combination.

The problem of filter bubbles on Social Media is real and is likely a big factor in increasing polarization.

The good thing - Fact checking is on the rise.

Large parts of Internet users experience a highly regulated Internet.

Cyber Attacks are on the rise but attack-to-detection dwell time continues to fall.

Cyber Attacks are increasingly focused on sensitive data.

On-demand businesses have seen massive growth in the past 2-3 years.

The number of on-demand platform workers has been rising rapidly.

Unemployment and underemployment are some of the top motivations to take on on-demand work.

In the US, remote workers are still a tiny minority, but steadily rising.

The cost of traditional education in the US has significantly risen, resulting in high student loan debt.

Offline Education enrolment is slowing in the US while online education (both provided by traditional universities and new tech players) is on the rise. I.e. Udemy showing strong growth.

On Coursera, more than 50% of the revenue comes from Technology & Data Science courses.

14% of the US population is foreign born, near it’s all-time high of 15% in 1910.

Immigration plays a key factor for the strength of US tech companies: 60% of highest value tech companies co-founded by 1st/2nd generation Americans.

The healthcare sector is steadily digitzed, driven by consumers.

Consumers increasingly (would) trust tech companies with healthcare data, most trusted are Google and Amazon.

China’s mobile internet usage has steeply risen and continues to accelerate.

Short-form video consumption is rapidly on the rise in China and driving time spent on mobile growth.

Gamification plays a huge role in driving Chinese consumer engagement on mobile across different sectors.

In contrast to US and Europe, several Chinese apps have turned into “Super Apps” combining a wide spectrum of services.

Thanks for reading, to dive deeper you should go check out the full version here: bondcap.com/pdf/Internet_T…