The last 17 years have been very eventful for the Internet economy, growing nearly 900 per cent from 400 million in 2000 to 3.5 billion users as at today. As such, the Internet has had an unprecedented impact on the economy and societies around the globe.
The Internet Society, which gave this statistics, noted that the Internet is no longer just the home of email, static webpages and discussion boards; today’s Internet is so much more. It now a dynamic space for collaboration, commerce and expression.
According to it, video currently accounts for more than two-thirds of all Internet traffic in the world, and people accessing the Internet via a mobile device now outnumber those connecting from a computer.
The Internet has changed political systems, revolutionised business, and reshaped communities worldwide.
These invariants include global reach, general purpose, accessibility, interoperability, collaboration, supports for innovation without permission, among others.Internet penetration and usage varies widely across the world.