Internet Trend Report Prevails the Truth, Jio Tops Every Trend
The growth in wireless broadband data consumption indicates the disruptive effect of Reliance Jio on the Indian Internet and telecom market
The report highlights the growing dominance of mobile as the medium of choice in India which, according to it, has 355 million Internet users (June 2016) and 277 million broadband users (March 2017). Only China with around 700 million Internet users has more. Interestingly, 72% of Internet users in India are less than 35 years of age.
80% of all web traffic in India emanates from the mobile, a proportion that is the second highest in the world, after Nigeria. Indians also spend 28 hours a week on the mobile, as compared to 4 hours on TV and 2 hours reading print publications and books. Of the time spent on the mobile, 45% is on entertainment, 34% on search, social media and messaging, and 4% on shopping.
The volume of wireless broadband data consumed by Indians has risen sharply, from less than 200 million GB a month in June 2016, to around 1.3 billion GB a month in March 2017, according to the Internet Trends Report 2017 from storied Silicon Valley venture capital firm Kleiner Perkins Caufield Byers (KPCB).
The report also highlights one of the big challenges to the mobile ecosystem in India -- cost. While prices of smartphones are down, a typical one still costs around 13% of per capita GDP. That puts it out of reach of many Indians. India fares better on the data front, with the annualized cost of 1 GB of data a month working out to less than 2% of per capita GDP.