- INTERNET & ECONOMY, SIZE OF THE
INTERNET ECONOMY: The Internet Economy grew 62% in 1999
to $523.9 billion and is projected to break $850 billion
in 2000. (Internet
Indicators, June 2000).
- INTERNET & ECONOMY: Of the world's
50 biggest IT companies by revenue, 36 are American, nine
Japanese and only four European. IT production accounts
for 7% of America's GDP, 6.5% of Japan's and 4% of Europe's.
(The Economist, Sep. 2000).
- INTERNET COMPANY REVENUE PER EMPLOYEE:
Revenue per employee in Internet companies jumped 19%
in 1999. (Internet
Indicators, June 2000).
- INTERNET COMPANY REVENUE: Revenues
for Internet Economy companies grew 11% in 1999, compared
to 4.2% growth for US GDP. (Internet
Indicators, June 2000).
- INTERNET ECONOMY JOBS: Employment
in the Internet Economy grew by 650,000 jobs in 1999 (a
36% increase). (Internet
Indicators, June 2000).
- INTERNET ECONOMY JOBS: The Internet
Economy directly supports 2.476 million workers. (Internet
Indicators, June 2000).
- INTERNET ECONOMY, MERGERS & ACQUISITIONS:
Value of all Internet-related M&A deals topped $116
billion in 2000, up 73% from 1999 (and 7 times 1998).
(Thomson Financial quoted in The Industry Standard, Feb.
2001).
- INTERNET ECONOMY: The Internet economy
generated an estimated $830 billion in revenue last year,
according to the study, which was funded by Cisco Systems.
That's a 58% increase over 1999 and a 156% increase over
1998. http://www.usatoday.com/life/cyber/invest/ina521.htm
==============================================
- PLEASE BE ADVISED:
- Research organizations differ
on many measurements and predictions. Cisco Systems cannot
verify the accuracy of all of the findings. We include
all credible information to offer a glimpse into the range
of estimates and predictions.
- Abbreviations / acronyms
used herein are defined and explained more fully in the
issue briefs available at Cisco’s public policy page.
Most common acronyms include DSL (digital subscriber line
service, which is high speed Internet access over telephone
lines); WAN (wide area network connections link different
organizations such as schools across a region); LAN (local
area network connections link computers within an organization)
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