Business Services Industry
India to Have 37.5 Million Internet Subscribers by 2005 - Brief Article - Statistical Data Included
ISP Business, July, 2001
IDC India predicts that the number of Internet users will grow eight-fold to 37.5 million by the end of 2005, despite apprehensions about the slowdown in the growth of Internet users. According to IDC, by the end of 2000, there were 4.47 million unique Internet users in India. As per IDC's Internet Commerce Market Model (ICMM) version 7.1, the number of unique Internet users in India is slated to grow to 37.5 million by the end of 2005.
This corresponds to a computed annual growth rate (CAGR) of 53 percent for the period of 2000 to 2003. India is expected to be next only to China in the Asia-Pacific region in terms of total number of Internet users by the end of 2005. IDC also forecasts that the home and small business segments will drive the growth in the Internet user base for the next five years. For the period from 2000-2005, the Internet user base in the home segment is expected to witness a CAGR of 87 percent while the same in the small business segment is expected to grow by a CAGR of 72 percent.
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