From Recode, May 31:
Kleiner Perkins Caufield & Byers partner Mary Meeker is delivering her annual rapid-fire
internet trends report right now at
Code Conference at the Terranea Resort in California.
Here’s a first look at the most highly anticipated slide
deck in Silicon Valley. This year’s report includes 355 slides and tons
of information, including a new section on healthcare that Meeker didn’t
present live.
Here are some of our takeaways:
- Global smartphone growth is slowing: Smartphone
shipments grew 3 percent year over year last year, versus 10 percent the
year before. This is in addition to continued slowing internet growth,
which Meeker discussed last year.
- Voice is beginning to replace typing in online queries. Twenty percent of mobile queries were made via voice in 2016, while accuracy is now about 95 percent.
- In 10 years, Netflix went from 0 to more than 30 percent
of home entertainment revenue in the U.S. This is happening while TV
viewership continues to decline.
- Entrepreneurs are often fans of gaming, Meeker said,
quoting Elon Musk, Reid Hoffman and Mark Zuckerberg. Global interactive
gaming is becoming mainstream, with 2.6 billion gamers in 2017 versus
100 million in 1995. Global gaming revenue is estimated to be around
$100 billion in 2016, and China is now the top market for interactive
gaming.
- China remains a fascinating market, with huge growth in
mobile services and payments and services like on-demand bike sharing.
(More here: The highlights of Meeker's China slides.)
- While internet growth is slowing globally, that’s not
the case in India, the fastest growing large economy. The number of
internet users in India grew more than 28 percent in 2016. That’s only
27 percent online penetration, which means there’s lots of room for
internet usership to grow. Mobile internet usage is growing as the cost
of bandwidth declines. (More here: The highlights of Meeker's India slides.)
- In the U.S. in 2016, 60 percent of the most highly valued tech companies were founded by first- or second-generation Americans and are responsible for 1.5 million employees. Those companies include tech titans Apple, Alphabet, Amazon and Facebook.
- Healthcare: Wearables are gaining adoption with about 25
percent of Americans owning one, up 12 percent from 2016. Leading tech
brands are well-positioned in the digital health market, with 60 percent
of consumers willing to share their health data with the likes of
Google in 2016.
...MUCH MORE
HT: Communications of the Association for Computing Machinery
From ACM News | June 2, 2017
