Mary Meeker is perhaps best known for being one of the top Internet analysts on Wall Street, but now she is a partner at venture capital firm Kleiner Perkins Caufield & Byers. She has released her new edition of the annual Internet Trends report for 2013, and this is a report that will be getting a lot of media coverage in the coming hours and days. Her report was featured at the D11 conference, but it is also out on the Kleiner Perkins website.
Meeker is seeing continued robust online growth with about 2.4 billion Internet users around the world. Mobile usage is expanding rapidly, but Meeker points out that the mobile advertising opportunity is still largely untapped.
The report sees the shift having migrated to more social and content rich use. This entails the expansion of photos and video, as well as audio. Meeker also sees early signs of growth for wearable computing devices, from glasses to connected wrist bands and watches. Connected cars, even drones, and other new platforms await as well.
The past may have been all about Google Inc. (NASDAQ: GOOG) for search, but now it is about Facebook Inc. (NASDAQ: FB), Google’s YouTube, Twitter, LinkedIn (NYSE: LNKD), Pinterest and other social media. Another ongoing trend is the growth of mobile to pass PC access, which saw mobile Web use in China pass PC use in the second quarter of 2012.
Tablet growth versus traditional PCs also is already at the forefront, echoing (or even more than) what IDC predicted to happen earlier this week when it slashed its PC forecasts. We have included her slide show below.