By 2023, an estimated sixty percent of the global community will be regular internet users. While North America currently boasts a high internet penetration rate, with 89.7% of the population already online in the ongoing year, it is the Asia-Pacific region that will lead the way in terms of overall internet usage, with 61.1% of its population regularly connecting to the internet.
However, on the basis of online shopping, the tables flipped dramatically. The Asia-Pacific region is expected to account for an astonishing 61.0% in the global digital shoppers, whereas North America will have a modest 8.5% share. This disparity helps explain the jaw-dropping difference in ecommerce sales between Alibaba in China and Amazon in the United States. Alibaba’s ecommerce sales in China nearly triple those of Amazon in the America.
The speedy growth of internet adoption in the Middle East and Africa is likely attributed to various factors. Increasing accessibility to inexpensive smartphones and modified digital infrastructure has played a crucial role in driving connectivity in these regions. Additionally, government support for digital transformation initiatives have contributed to the digital revolution taking place.
This surge in internet adoption is not only changing the way people communicate and access information but also opening up new opportunities for businesses. The rise of ecommerce platforms, online marketplaces, and digital start-ups in these regions is transforming traditional business models and enabling entrepreneurs to reach a wider customer base.
As internet penetration continues to expand in these areas, the gap in digital access is gradually being bridged. This has the possibility to empower individuals, boost economic growth and encourage innovation in these regions. It is an exciting time for both regions as they embrace the technological revolution and join the global online community.
Hence, it can be said that the 2 regions are witnessing an impressive surge in internet consumption, with approximately 80 million more people expected to come online regularly between 2023 and 2027. While North America is leading in overall internet accessibility, the Asia-Pacific area dominates in terms of digital shoppers. The growing internet adoption in the region is not only transforming societies but also creating exciting opportunities for businesses and entrepreneurs.
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by Arooj Ahmed via Digital Information World
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