How Fast Is Technology Growing in 2025? [58 Key Stats You Must Know]

Almost everything we do today involves technology—from unlocking our phones to running billion-dollar companies. But how fast is it really evolving?

Let the numbers speak: over 5.64 billion people are now online, mobile phones are in the hands of 5.81 billion users, and IoT devices hit 18.8 billion in 2024 alone. Every day, we generate over 300 exabytes of data, reshaping how we live, work, and connect. 

Plus, with breakthroughs in AI, machine learning, and automation pushing the limits of what’s possible, the pace isn’t just fast. It’s exponential.

In this article, we break down the latest 2025 statistics that reveal just how fast is technology growing and transforming the world around us. Dive in!

Editor’s Choice

• Over two-thirds of the world is online. 5.64 billion people use the internet, with some countries reaching 99% penetration.
• AI is exploding across industries. The AI market will hit $390 billion in 2025 and reach $1.8 trillion by 2030.
• Mobile dominates internet use. 63% of web traffic comes from mobile, and users check their phones over 200 times a day.
• IoT devices are everywhere. 18.8 billion devices were online in 2024, with 40 billion expected by 2030.
• Cloud is now the default for business. 94% of companies use cloud services, and AI is integrated into daily operations.
• E-commerce and social media keep growing. Online shopping makes up over 20% of global retail, and 5.31 billion people use social media.

Fascinating Technology Growth Statistics

Technology is evolving at a pace that outstrips anything we’ve seen before.

In just one year, 144 million more people came online, pushing global internet penetration to 68.7% as of April 2025. Meanwhile, we’re generating over 300 exabytes of data every single day. That’s more than all the written words ever produced in human history, created daily.

The acceleration isn’t happening in one lane. AI is projected to hit $390 billion in market value this year, mobile traffic accounts for over 63% of all web usage, and global IoT devices are on track to reach 40 billion.

General Technology Growth Statistics

Technology continues to reshape every sector worldwide. The numbers below highlight its rapid and ongoing expansion in internet usage, web hosting, and mobile adoption.

1. 68.7% of people around the world use the Internet.

(DataReportal)

As of April 2025, approximately 5.64 billion people, or 68.7% of the global population, are using the internet. This reflects an annual growth of 2.6%, adding 144 million new users over the past year.  

The steady increase in internet adoption indicates ongoing global digital expansion, though the growth rate has slightly decelerated compared to previous years.

2. $527.07 billion – that’s how much the global web hosting services market is projected to be worth by 2032.

(Fortune Business Insights)

The global web hosting market was valued at $32.12 billion in 2017 and rose to $60.90 billion in 2018. As of 2024, it had grown significantly to $126.41 billion and is expected to reach $149.30 billion in 2025. With a robust CAGR of 19.7%, the industry will hit $527.07 billion by 2032. 

This rapid expansion is driven by factors such as increased demand for cloud hosting, a surge in small and medium-sized businesses going online, and the growing need for scalable, multi-cloud infrastructure. No wonder competition among top hosting providers is more intense than ever.

3. There are 5.81 billion unique mobile phone users.

(DataReportal)

As of April 2025, approximately 5.81 billion people worldwide use mobile phones, accounting for 70.7% of the global population. This reflects an increase of 116 million users over the past year, marking a 2.0% year-on-year growth. 

Smartphones continue to dominate the mobile market, now comprising about 87% of all mobile handsets in use globally. This indicates a significant shift towards smartphone adoption, with many users transitioning from basic feature phones to more advanced devices.

4. IoT surges to 18.8 billion devices in 2024.

(Statista)

The Internet of Things (IoT) continues its rapid expansion. By the end of 2024, the number of connected devices worldwide hit 18.8 billion, up from 16.6 billion in 2023. From smartwatches and thermostats to appliances and meters, smart tech has become embedded in everyday life.

And the growth isn’t slowing.

By 2030, global IoT connections are expected to soar to 40 billion, driven by increasing demand for automation, real-time data, and seamless connectivity across homes, workplaces, and cities.

5. Users query Google about 8.5 billion times per day.

(DemandSage, Search Engine Land)

As of 2025, Google processes an astonishing 13.7 billion searches each day, reflecting how rapidly technology and online behavior are evolving. This marks a significant increase from previous years, with Google now handling more than 5 trillion searches annually.

To break that down:

Every single second, the search engine giant receives over 158,000 queries on average. This surge in search volume is driven by growing internet access worldwide and the integration of AI-powered tools like Google Lens and AI Overviews, making search faster, more intuitive, and more widely used.

6. The need to reach new customers is the primary factor pioneering technological growth in the last few years (46%).

(Finance Online)

Technology adoption statistics reveal that factors such as selling new business lines (38%), overall improvement of business operations (41%), improving sales and marketing (35%), and improving standard internal processes (33%) are the main drivers for tech growth.

7. E-commerce hits 20% of global retail.

(EMARKETER)

Online shopping is the new norm. In 2025, e-commerce makes up 20.5% of global retail sales and is expected to reach 22.5% by 2028. In the US alone, online sales now account for over 16% of all retail purchases.

While earlier claims predicted 95% of purchases would happen online by 2040, current trends indicate a more moderate growth trajectory. Nevertheless, the e-commerce sector continues to expand. 

8. Over 5.31 billion people use social media.

(DataReportal)

Approximately 5.31 billion social media user identities exist globally, representing 64.7% of the world’s population. This marks an increase of 241 million users over the past year, equating to a 4.7% annual growth rate. 

Furthermore, 94.2% of internet users engage with social media each month. The global internet user base reached 5.64 billion at the start of April 2025, accounting for 68.7% of the global population. 

AI and Machine Learning Statistics

Artificial intelligence (AI) is driving global innovation at an unprecedented pace. From smarter translations to massive market growth, here are key stats showing how AI and machine learning are reshaping industries and everyday life.

9. Google Translate now achieves up to 94% accuracy for major languages. 

With the adoption of deep learning and neural machine translation (NMT), Google Translate can now analyze entire sentences, capturing context and nuance more effectively. This technological leap has pushed accuracy rates to as high as 94% for widely spoken language pairs such as English to Spanish. 

In 2024, the platform expanded its capabilities by adding 110 new languages using Google’s PaLM 2 AI model, bringing the total supported languages to 249 as of 2025.

10. The global machine learning market is projected to surpass $100 billion in 2025.

(Grand View Research, AltIndex)

Machine learning continues to be a driving force in the AI landscape, with the global market expected to exceed $100 billion by 2025. This growth is fueled by widespread adoption across healthcare, finance, and manufacturing. Projections indicate a CAGR of around 33% to 37%, potentially reaching $419.94 billion by 2030.  

11. The AI market is set to hit $1.8 trillion by 2030. 

(Grand View Research)

AI is scaling fast. Valued at $279 billion in 2024, the global AI market is projected to surge to $390 billion in 2025 and skyrocket to $1.81 trillion by 2030 with a 35.9% CAGR.

Big Tech is fueling this boom. Giants like Amazon, Microsoft, Google, and Meta are investing over $300 billion into AI infrastructure, research, and next-gen tools to stay ahead of the curve.

12. AI will replace around 85 million jobs in the US by 2025.

(Forbes)

Is automation helping the average person? You decide.

The pandemic hit hard. One in four adults in the US faced severe financial hardship. Bills piled up, and savings were drained. 33% of Americans dipped into their life savings just to get by. Others took on debt that they’re still struggling to pay off.

However, there’s a flip side. AI is also expected to create 97 million new jobs in emerging fields like data science, machine learning, AI maintenance, and human-machine collaboration. By 2025, humans and machines are expected to share the workload almost equally.

13. 72% of organizations worldwide have incorporated AI into their business.

(McKinsey & Company)

As of 2024, approximately 72% of companies have adopted AI in some capacity. That’s more than double the 37% reported just a few years ago. This marks a rise in AI integration since 2015, reflecting a broader shift toward automation, data-driven decision-making, and digital transformation across industries.

The acceleration highlights AI’s growing importance in streamlining operations, enhancing customer experiences, and driving innovation at scale.

14. Artificial General Intelligence (AGI) has a 50% chance of rising by 2047.

(Financial Times, The Ohio Society of CPAs) 

AGI, or the AI that can match human-level intelligence in tasks like cooking or hairstyling, may be closer than you think. A 2023 global survey of AI experts puts a 50% chance on AGI surpassing human abilities across all tasks by 2047.

Today, AI is already reshaping work. As of 2025, 67% of companies use it for tasks like scheduling, data analysis, and content creation. If this pace continues, AGI could be a workplace mainstay long before 2075.

15. IT Operations professionals are in high demand in 2025.

(Robert Half)

In 2025, IT Operations remains one of the hottest fields in tech. Roles like systems analysts, security analysts, and network architects have unemployment rates as low as 0.3%, signaling intense demand across the board. 

The US Bureau of Labor Statistics projects over 356,000 new IT job openings annually through 2033, driven by digital transformation and cloud infrastructure growth.

16. The connected car market is expected to reach $26.47 billion by 2030, with 400+ million vehicles online by 2025.

(Grand View Research, entrapeer)

The connected car boom is here. Over 400 million vehicles will be online by 2025, and the market is set to double, reaching $26.47 billion by 2030.

These cars generate up to 25GB of data per hour. They’re a goldmine for innovation but also a prime target for hackers.

17. 78% of manufacturers plan to increase spending on AI tools within the next two years.

(Manufacturing Leadership Council)

The global business landscape is rapidly embracing AI-driven robotics and automation as integral components of the future of work. While some organizations are proactively integrating these technologies, others risk falling behind. 

Companies that delay digital transformation may find themselves at a competitive disadvantage as AI becomes a foundational driver of growth and operational excellence.

18. 87% of European companies are investing in Generative AI.

(IDC)

A 2024 IDC survey reveals that 87% of European companies plan to dedicate up to 30% of their AI budgets to generative AI initiatives, marking a sharp shift from pandemic-era concerns to long-term workforce transformation. 

AI is no longer just a stopgap for labor shortages. It’s now seen as a core productivity driver.

19. 88% of marketers now use AI in their daily roles.

(SurveyMonkey)

AI is no longer just part of the data strategy. It is the strategy. From content creation to customer insights, marketers are embracing AI to streamline workflows and sharpen decision-making.

In 2024, 69.1% of marketers actively integrated AI into their campaigns. A McKinsey report revealed that 78% of organizations now deploy AI across at least one business function, most commonly in marketing and sales.

20. The AI market will be worth over $15 trillion by 2030.

(PwC)

AI technology is progressing, and the industry is growing pretty fast. Businesses and individuals alike love its efficiency. Logically, demand will continue to rise in the coming years. 

By 2030, its value will be $15+ trillion. More than 75% of emerging technologies are already planned to own foundations as early as 2021. 

Big Data Statistics

Big Data refers to data sets so vast and complex that traditional systems struggle to process them. But for those who can harness it, Big Data offers transformative power. It drives smarter decisions, operational efficiency, and breakthrough innovations.

The following numbers reveal how deeply Big Data is reshaping technology, business, and the digital landscape. Check them out.

21. Organizations using AI & data are 2.5x more likely to outperform peers.

(McKinsey & Company)

Recent McKinsey research shows that companies leveraging AI and advanced analytics are over 2.5 times more likely to outperform competitors in customer engagement, efficiency, and revenue growth. 

Big Data is no longer optional. It’s a competitive edge. Meta (formerly Facebook) leads the way, using AI and data at scale to personalize user experiences, optimize ads, and power innovation. It’s a clear signal that mastering data and AI is essential.

22. 98% of Fortune 1000 companies are doubling down on Big Data and AI.

(Squarespace)

Big Data is mission-critical. Paired with AI, it empowers companies to extract game-changing insights from complex data. In 2025, 98% of Fortune 1000 companies increased their investments in data and AI, up from 82% in 2024.

Why? Because data-driven decisions fuel innovation, sharpen customer experience, and keep businesses competitive. Nearly 91% now rank AI and data investment as a top organizational priority.

23. Big Data cuts operational costs by an average of 10%.

(Market.us)

Businesses that effectively use Big Data are seeing major wins, most notably, a 10% average reduction in operational expenses. These savings come from smarter decisions, optimized supply chains, and automation that cuts out inefficiencies. 

In logistics, for example, DB Schenker slashed costs by 15% by using Big Data to streamline inventory and order-picking processes.

24. We generate 2.5 quintillion bytes of data daily.

(Forbes)

According to tech growth statistics, we now produce data in trillions and quintillions daily. This number has been on the rise over the last few years, meaning that we should expect to produce more in the next 2-3 years.

25. The Big Data and Analytics market is valued at $326.34 billion in 2024.

(GlobeNewswire, Data Centre Magazine)

The global big data analytics market was valued at approximately $326.34 billion in 2024 and is projected to reach $343.33 billion in 2025, with expectations of surpassing $1 trillion by 2033.  

In terms of data generation, around 147 zettabytes of data were generated globally in 2024, with projections indicating an increase to 181 zettabytes by 2025.  

The business intelligence (BI) market also continues to expand, with a valuation of $31.98 billion in 2024 and a projected growth to $34.82 billion in 2025. 

26. By increasing their effectiveness at utilizing Big Data, Fortune 1,000 companies can increase their net income by up to $65 million.

(Forbes)

According to Big Data impact statistics, the ability to extract, understand, and utilize Big Data has a direct impact on both sales and revenue. With Big Data, businesses can better understand their customers, thereby channeling their efforts towards what works and increasing conversion rates.

27. 95% of businesses struggle with managing unstructured data.

(Edge Delta)

Managing unstructured data (like emails, documents, chat logs, and multimedia) is a growing challenge, with nearly all organizations feeling the strain. This type of data now makes up 80–90% of all data generated, yet traditional tools can’t keep up.

To stay ahead, companies are adopting powerful data visualization platforms that turn massive, messy datasets into clear, actionable insights. These tools help decision-makers cut through the noise and act fast, without needing a data science degree.

28. Over 97% of organizations worldwide are currently investing in Big Data and AI initiatives.

(NewVantage Partners)

With data volumes exploding daily, companies can no longer afford to ignore Big Data. Top executives see it as a competitive must. Those who don’t invest risk falling behind or even going under. From smarter decisions to billion-dollar savings, Big Data is the new business backbone.

Mobile Technology Statistics

Over the past decade, mobile usage has skyrocketed, surpassing desktop traffic for the first time in 2015. Today, nearly everything can be done on a mobile device, which is why mobile technology is more essential than ever.

Here are some mobile tech stats that show just how vital mobile has become:

29. Mobile devices account for over 63% of global internet traffic.

(Exploding Topics)

As of April 2025, mobile devices contribute to approximately 63.15% of global website traffic, marking a significant increase from 58.26% in 2022. This growth underscores the rapid adoption of mobile technology and the shift towards mobile-first internet usage. 

Back in 2012, mobile devices accounted for just 10.88% of web traffic. The surge to over 63% in 2025 highlights the transformative impact of mobile technology on how users access the internet.

30. The average American checks their phone 205 times a day.

(Reviews.org)

Call it an addiction!

Phones have become our go-to for everything: messages, notifications, time checks, and random scrolls. In 2025, people in the US are unlocking their phones over 200 times a day, up from 150 not long ago.

Globally, the average is lower at 58 times daily, but younger millennials still hit that 150-a-day mark.

31. Total mobile connections in 2024 amount to 17.72 billion.

(Radicati Group)

If you’re wondering, how is the total mobile connection over 17 billion yet ownership is only about 5.81 billion, and the world population is only over 8 billion?

Well, many individuals use multiple SIM cards or own more than one device. Additionally, integrated devices like security systems, vehicles, and other IoT devices contribute to the total number of mobile connections.

As of 2024, China had the highest number of mobile connections, with 3.67 billion, comprising 1.32 billion user connections and 2.35 billion IoT connections.

32. 80% of smartphone users make use of their phones during physical shopping.

(Gauss)

This could be either to read up reviews of a particular product that they are about to purchase or to locate an alternative store where they can compare products and prices. Either way, this goes to show the impact of technology on how we live our daily lives. 

Smart business owners who understand this fact can begin to make adjustments towards mobile to boost their traffic and improve conversion rates.

33. 98.5% of Facebook users access the platform via mobile devices.

(Backlinko, MobiLoud)

As of 2025, a staggering 98.5% of Facebook users access the platform through mobile devices, with 81.8% using mobile exclusively. Only 1.5% of users rely solely on desktop computers.

This trend aligns with the broader shift towards mobile internet usage. Globally, mobile devices account for approximately 62.69% of web traffic as of January 2025. Recognizing this shift, platforms like Google and LinkedIn have adopted mobile-first strategies to enhance user experience and accessibility.

34. Users installed 34 billion apps as of Q1 2024.

(Sensor Tower)

In the first quarter of 2024, global app downloads across both iOS and Android platforms totaled approximately 34 billion. This marks a 3.5% decrease compared to Q1 2023, continuing a trend of slight declines following the pandemic-induced surge in app installations. 

• Android (Google Play): Accounted for about 25.6 billion downloads, representing roughly 75% of the total.
• iOS (Apple App Store): Contributed approximately 8.4 billion downloads, the highest first-quarter total for iOS since 2020.

Despite the overall dip in download numbers, consumer spending on mobile apps reached a record $35.8 billion in Q1 2024, highlighting sustained user engagement and monetization opportunities.

35. Over 50% of children aged 8 and younger now own a mobile device.

(Common Sense Media)

According to a 2024 report from Common Sense Media, more than half of children aged 8 and under have their own mobile device. Just a few decades ago, the idea of an 8-year-old with a smartphone seemed far-fetched. Now, it’s the new normal.

As kids go digital earlier than ever, parental control tools are essential. Parents are turning to apps and software to manage screen time, monitor content, and keep their children safe online.

36. 73% of Generation Z own a smartphone.

(Priori Data)

Smartphone ownership remains high across all generations, with younger cohorts leading the way. Current data shows:

• Millennials: 94%
• Generation X: 89%
• Generation Z: 73%
• Baby Boomers: 69%

These figures reflect the deep integration of mobile technology into daily life, especially for digital-native generations like Gen Z.

37. Mobile advertising is projected to reach $515 billion by 2023.

(eMarketer)

Recent data indicates that global mobile advertising spending has experienced significant growth, reaching approximately $515 billion in 2023. The substantial increase reflects the rapid expansion of the mobile ad sector. 

This surge is driven largely by in-app advertising, which accounts for over 80% of total mobile ad spend, along with high-growth formats like video and native ads. Projections for 2025 suggest continued momentum, with global mobile ad spending expected to surpass $600 billion.

38. There were 241 million new social media users between April 2024 and April 2025.

(DataReportal)

Social media continues to grow steadily, with 241 million new users joining platforms globally over the past year. That’s equal to an average of around 660,000 people daily. As of April 2025, the total number of social media users has reached nearly 5.31 billion, representing 64.7% of the world’s population. 

While this annual growth is more moderate than the pandemic-driven spike in 2020, the trend only shows social media’s deepening role in global communication and connectivity.

39. 57% of Global consumers now use mobile banking.

(McKinsey & Company)

Mobile banking is transforming economies. A recent McKinsey report shows that active mobile banking usage jumped by 18% from 2020 to 2023, reaching 57% globally. This is a clear sign of accelerating digital finance adoption.

Back in 2016, McKinsey projected that digital finance could add $3.7 trillion to GDP and create up to 95 million jobs in developing countries by 2025, if fully embraced.

Internet of Things (IoT) Statistics

The Internet of Things (IoT) is rapidly transforming industries worldwide, as more businesses integrate connected devices into their operations. From smart homes to industrial automation, IoT is reshaping how we live and work.

The following stats highlight the current state and projected growth of IoT around the world:

40. By 2030, approximately 40 billion devices will be connected to the internet.

(IoT Analytics)

Current statistics on the rapid advancement of technology indicate that the number of connected IoT devices is expected to reach about 40 billion by 2030, which is far lower than earlier projections of 500 billion. 

The IoT market continues to grow steadily, with global spending surpassing $805.7 billion in 2023 and forecasted to exceed $1 trillion by 2026.

41. Netherlands, Norway, Saudi Arabia, Switzerland, United Arab Emirates, and Denmark lead in internet penetration.

(Oberlo) 

As of 2024, six countries have achieved an internet penetration rate of 99%, meaning nearly all their citizens have access to the internet:

• Netherlands
• Norway
• Saudi Arabia
• Switzerland
• United Arab Emirates (UAE)
• Denmark

These nations have surpassed the United States, which had an internet penetration rate of approximately 92% in 2021. Following closely are: 

• Sweden: 98.1%
• United Kingdom: 97.8%
• Malaysia: 97.7%
• South Korea: 97.4%

These figures reflect the global trend of increasing internet accessibility, with many developed countries nearing full penetration.

42. Cellular IoT connections surpassed 4 billion by the end of 2024.

(Ericsson, IoT Analytics)

Ericsson and IoT Analytics report that global cellular IoT connections hit 3.4 billion by the end of 2023 and surpassed 4 billion in 2024. That’s faster growth than most experts predicted.

Cellular IoT enables devices to send data over mobile networks. Think smart meters, logistics trackers, or wearables that stream a patient’s vitals straight to their doctor in real time. With 5G and LTE-M powering faster, broader coverage, it’s becoming the backbone of connected industries.

43. 66% of new cars were connected to the internet by Q3 2023.

(Counterpoint Research, Allied Market Research)

The race toward smarter vehicles is well underway. As of Q3 2023, 66% of all new cars sold globally came with built-in internet connectivity. While that falls just shy of earlier 70% projections, the momentum is unmistakable.

Connected car tech goes far beyond navigation and streaming. We’re talking real-time diagnostics, accident detection, predictive maintenance, and even vehicles that report design flaws directly to manufacturers.

And it’s only accelerating: by 2030, an estimated 95% of all new vehicles will be connected. The global connected car market, worth $115.8 billion in 2023, is projected to soar to $501.8 billion by 2033.

44. The IoT could generate up to $6.3 trillion in economic value per year by 2025.

(McKinsey & Company)

Recent statistics show the rapid advancement of technology and highlight the growing impact of IoT worldwide. According to updated projections by McKinsey, the IoT has the potential to create between $2.8 trillion and $6.3 trillion in economic value annually by 2025. 

This technology is driving efficiencies by reducing costs, boosting productivity, creating new jobs, and unlocking significant economic opportunities across industries.

45. IIoT can save oil & gas companies up to $14 per barrel.

(IoT Solutions World Congress, Deloitte)

Adopting the Industrial Internet of Things (IIoT) can slash production costs by up to 20%, or about $14 per barrel when prices hover around $70.

That adds up fast: a rig pumping 1,500 barrels a day could save $21,000 daily or over $630,000 a month. How?

• Predictive maintenance = less downtime
• Remote monitoring = better efficiency
• Real-time data = smarter decisions

Analysts like Deloitte agree: IIoT is not just a tech upgrade. It’s a competitive edge.

Global Tech Market Growth Statistics

Technology continues to transform industries and drive massive economic value worldwide. Below are key milestones that highlight the growing impact of tech sectors like IoT, wearable AI, and Big Data on global markets.

46. Global IoT spending hits $1.1 trillion in 2023.

(IoT Analytics)

In 2020, global IoT spending was $749 billion. While earlier forecasts predicted a $1.2 trillion mark by 2023, actual spending came in slightly lower at around $1.1 trillion.

Growth continues, though it’s slowing. In 2024, enterprise IoT spending grew just 10%. This was the weakest rate in over a decade due to inflation, interest rates, and geopolitical tensions.

Still, the long-term outlook is strong. The global IoT market is projected to grow from $536 billion in 2024 to $630 billion in 2025, and potentially hit $4.06 trillion by 2032, driven by AI, 5G, and edge computing.

47. By 2025, the wearable AI market is expected to reach $53.14 billion.

(The Business Research Company)

As of 2024, the wearable AI market is valued at approximately $41.13 billion. It is projected to grow at a CAGR of 29.2%, reaching $53.14 billion by 2025. While earlier estimates were overly optimistic, more recent data reflect a steadier, realistic growth trajectory in this sector.

48. Big Data hit $244.13 billion in 2024 and is set to soar to $621.94 billion by 2032.

(Maximize Market Research)

Organizations worldwide are doubling down on Big Data as a strategic weapon. From IoT and social media to finance and healthcare, data is pouring in from every direction, and companies that harness it well are reaping serious rewards.

With tools like AI and machine learning enhancing analytics, insights from Big Data can do more than optimize operations. They can catapult a startup into the global spotlight. As the analytics segment alone targets $725.93 billion by 2031, one thing is clear: data is colossal.

49. AI hardware revenue will hit $31.36 billion in 2025.

(The Business Research Company)

Driven by booming demand for GPUs, CPUs, and AI-optimized infrastructure, the global AI hardware market is growing fast. It’s up from $25.45 billion in 2024 to a projected $31.36 billion in 2025, with a 23.2% CAGR. 

50. Netflix saves approximately $1 billion annually through machine learning.

(Business Insider)

Netflix’s recommendation system employs advanced machine learning techniques to analyze user behavior and viewing patterns. By tailoring content suggestions to individual preferences, the system enhances user engagement and reduces subscriber churn. 

According to Netflix executives Carlos A. Gomez-Uribe and Neil Hunt, the combined effect of personalization and recommendations saves the company over $1 billion each year. This significant cost saving underscores the vital role of Netflix’s machine learning algorithms in maintaining its position as a leading streaming service. 

Internet Growth Statistics

The internet was once limited to government research labs, but it has grown exponentially over the past 30 years. Today, it’s a central part of daily life and is shaping how we work, socialize, and shop.

To understand just how deeply it’s embedded in modern life, let’s take a look at some key statistics.

51. The average person spends around 40% of their waking hours online.

(DataReportal)

The average internet user clocks 6 hours and 38 minutes online every day. Assuming 16 waking hours, that’s more than 40% of your day spent staring at a screen.

That number is also growing. Even a 4-minute annual increase adds up fast: across the global population, that’s billions of extra hours spent online each year.

But averages hide extremes. In places like the Philippines, people spend over 9 hours a day online. While others, especially in regions with less connectivity, log far less.

52. In 2024, users spend an average of 2 hours and 24 minutes on social media each day.

(Exploding Topics)

Social media usage is showing signs of leveling out globally, which is down slightly from previous years. But some countries are still way ahead of the curve.

• Global average: 2h 24m/day
• Philippines: 3h 34m/day 
• United States: 2h 14m/day

While the numbers are dipping slightly, social platforms remain a massive part of daily life.

53. There are 1.12 billion websites as of May 2025.

(Exploding Topics)

Recent data indicates that there are approximately 1.1 billion websites on the internet.

But are they all active? Not quite. Only about 17% of these websites are considered active, equating to roughly 196.8 million active websites.

As for growth, the internet continues to expand rapidly: approximately 177,372 new websites are created every day, which breaks down to about 123 websites per minute.

54. Approximately 66% of internet users prefer Chrome.

(StatCounter)

Google Chrome continues to lead the global browser market with a share of 66.19%. Safari holds the second position at 17.25%, followed by Microsoft Edge at 5.2%. Mozilla Firefox accounts for 2.55% of the market.  

Other browsers like Samsung Internet and Opera maintain smaller but steady user bases, each capturing around 2%.

55. The global e-commerce market is projected to reach $6.56 trillion by 2025.

(Shopify, eMarketer)

As of 2024, global e-commerce sales are estimated at $6.09 trillion, marking an 8.4% increase from the previous year. This growth is driven by factors such as increased mobile commerce, broader internet accessibility, and the lasting impact of the COVID-19 pandemic.

Looking ahead, the market is expected to continue its upward trajectory, reaching approximately $6.56 trillion by 2025, despite a projected slowdown in growth due to economic factors in major markets like China.

56. More than 92% of internet users now consume video content online monthly.

(DataReportal)

Online video is the dominant form of digital media. YouTube leads the charge with 2.7 billion monthly active users, over 500 hours of video uploaded every minute, and more than 1 billion hours watched daily. 

The demand for video content isn’t slowing down. It’s shaping the future of the internet.

Future Trends in Technology Growth

Several emerging technologies are poised to shape the near future. Leading the charge are blockchain, cloud computing, AR/VR, robotics, and automation. 

The following stats highlight how these innovations are rapidly transforming industries and becoming essential to modern business operations.

57. 94% of enterprises use cloud services in 2025.

(Edge Delta)

Cloud adoption is virtually universal. As of 2025, 94% of businesses are leveraging cloud technologies for everything from data storage to running mission-critical applications. 

With over 90% of companies hosting at least part of their workloads in the cloud and 80% adopting hybrid or multicloud setups, the cloud is now the default IT backbone.

58. The blockchain market is set to hit $1.87 trillion by 2034.

(GlobeNewswire)

The blockchain industry is exploding. What was once a $315.9 million market in 2015 has skyrocketed to $26.91 billion by 2024. It’s projected to reach a staggering $1.87 trillion by 2034, with a CAGR of 52.9%.

Early projections have not only been met but surpassed. Now, blockchain is moving beyond crypto and fintech. It is gaining real traction in industries like healthcare, logistics, and insurance, where it’s being fused with big data to boost accuracy, transparency, and automation.

Wrap Up

Technology has come a long way! There are billions of inventions yet to be discovered by the upcoming generations, and many more after them.

If you’ve ever wondered how fast is technology growing, the answer is “lightning fast.” And it is showing no signs of slowing down.

Can you imagine what life would be without technology?

Sources

• DataReportal
• Fortune Business Insights
• DemandSage
• Search Engine Land
• Finance Online
• EMARKETER
• Google
• AltIndex
• Grand View Research
• Grand View Research
• Forbes
• McKinsey & Company
• Financial Times
• The Ohio Society of CPAs
• Robert Half
• Grand View Research
• entrapeer
• Manufacturing Leadership Council
• IDC
• SurveyMonkey
• PwC
• McKinsey & Company
• Squarespace
• Market.us
• Forbes
• GlobeNewswire
• Data Centre Magazine
• Forbes
• Edge Delta
• NewVantage Partners
• Exploding Topics
• Reviews.org
• Radicati Group
• Gauss
• Backlinko
• MobiLoud
• Sensor Tower
• Common Sense Media
• Priori Data
• eMarketer
• DataReportal
• McKinsey & Company
• IoT Analytics
• Oberlo
• Ericsson
• IoT Analytics
• Counterpoint Research 
• Allied Market Research
• McKinsey & Company
• IoT Solutions World Congress
• Deloitte
• The Business Research Company
• Maximize Market Research
• The Business Research Company
• Business Insider
• DataReportal
• Exploding Topics
• Exploding Topics
• StatCounter
• Shopify
• eMarketer
• Edge Delta
• GlobeNewswire

By Jacquelyn Bulao

Jacquelyn Bulao, specializing in HR and networking, was a TechJury team member from June 2020 to October 2022. As the bridge between contributors and the website, Jacquelyn plays a vital role in ensuring smooth communication and collaboration. With her quick learning abilities, she delved into optimizing business processes for the TechJury team, streamlining operations, and enhancing efficiency.