Network equipment maker Cisco Systems Inc said it expects global Internet traffic to more than quadruple by 2014 as more people use the Internet to watch videos and chat with friends online.
Cisco forecast Internet traffic to rise to 767 exabytes a year by 2014, with most of the growth coming from online video.
That forecast is also 100 exabytes higher than the level it projected last year for 2013.
One exabyte equals 1 billion gigabytes.
Cisco said watching all the video crossing over the global network in 2014 would take around 72 million years.
The company said video, including video-on-demand on cable and Internet services, will account for around 91 percent of global consumer online traffic by 2014.
The forthcoming ‘Google TV’ may also have a serious impact on increased Internet usage.
More internet traffic does not mean we will financially benefit from the increased internet use.
The (U.S.) Highway Act of 1956 created many of the interstate highways we use today. Over a period of 20 yrs, many little towns (restaurants, motels, stores) lost visitors and revenue which eventually bypassed them.
I’m happy more people will be using the net but I’m also trying to think how to keep myself near the new highway.
Another
Yes just being on the internet doesn’t mean your going to become 4x richer just because there is 4x more traffic.
Yet its a great sign to be in an industry where visitors and traffic are expected to grow exponentially over the next few years.
I know the newspaper industry would love to hear someone say readership of newspapers will grow 4X in the next 4 years
a lot of the increase of traffic will come from mobile devices.
This is a “must see” report fi you are wondering about the mobile internet.
http://www.morganstanley.com/institutional/techresearch/pdfs/2SETUP_12142009_RI.pdf
hey guys im building a classifieds site called classilisting.com. how do i get people to use and know about it? i cannot do online advertising and stuff. please tell how to increase traffic.
thanks.