June 4, 2011 Posted by: frogtek
>Wealth creation and Internet usage in emerging markets
>As you can see in The Economist’s chart below, a gargantuan amount of wealth will be added to the economies of the emerging markets in the next few years. China will be responsible for the largest growth but Russia, Brazil and India also make the global top 6. Further down the list, Mexico will be adding a very impressive $200bn by September 2013.
Breakneck growth in these economies is clearly drawing attention from the world’s economic actors. Many of the largest multinationals see it as their next big source of growth. For instance, Coca Cola’s 2020 Vision
calls for a doubling of revenues by that year, which would mostly come from emerging markets
For a snapshot, just see the chart
below, which shows the increase in consumer internet traffic forecasted for 2015. Developed countries are speeding their guzzling by 3-4X from today’s high levels. Emerging countries are in turn jumping from very low levels by factors of 10-20X.
This means that the multinationals and local companies will increasingly find connected consumers and supply chains as they boost their presence in these hot economies. That connectivity will surely come from mobile computers and will provide the necessary information to guide the multi-billion investments.
We sure hope Frogtek’s products can play their part in this wonderful transformation.
There are not tags associated with this post.