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How Fast Technology is Advancing

It's growing and evolving at exponential rates

Research Summary: All around the world, technology is continuing to become a part of everyday life, and its capabilities are progressing rapidly. Here are some statistics on how fast technology is advancing:

  • There are 4.95 billion internet users in the world as of 2023.

  • There are 7.33 billion mobile phone users in the world.

  • It’s predicted that there will be 38.6 billion IoT-connected devices (smartwatches, etc.) around the world by 2025 and 50 billion by 2030.

  • There are 1.35 million tech startups in the world.

  • 93% of U.S. adults use the internet.

  • It’s estimated that 90 percent of the world’s data was collected in the last two years.

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