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Mobile Internet revenue in India growing @40% a year: Report

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mobile appMobile internet revenue in India are growing at a whopping 40 per cent a year as compared to countries like China and Brazil, where it is growing at an annual rate of 25 percent.

In Japan and South Korea, mobile Internet revenue are growing at 10 percent a year.

Mobile Internet revenue will grow to $1.55 trillion in 13 countries that represent about 70 percent of global GDP from $700 billion with an annual increase of 23 percent, said The Boston Consulting Group (BCG).

The 13 countries surveyed are Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, South Korea, Spain, the United Kingdom, and the United States. The single largest contributor to mobile Internet revenue growth in the next several years will be the apps, content, and services component of the ecosystem, driven by the rapid expansion of mobile shopping and advertising.

According to the report, the single largest contributor to mobile Internet revenue growth in the next several years will be the apps, content, and services component of the ecosystem, driven by the expansion of mobile shopping and advertising.

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