Web economy in G20 set to double by 2016, Google says.


The value of the web economy in G20 countries will nearly double by 2016, according to Boston Consulting Group. Driving the spurt from $2.3tn (£1.5tn) to $4.2tn (£2.7tn) will be the rapid rise of mobile internet access. The study, supported by web giant Google, assumes that in four years 3bn people will be using the internet, or nearly 50% of the world’s population.

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