Even though the economic growth of India is sluggish currently (2013), the overall economic outlook continues to be positive.
As of 2013, India has the third largest number of Internet users. It is next to the United States and China in terms of sheer number of users. While there is no concrete data available, India is expected to have in excess of 125 million users by 2013 end.
Internet Penetration in India
As the standard of living in India improves, the Internet penetration too is on the rise. It is predicted that the growth of Internet users will be in excess of 15% per year, and will continue to grow in the subsequent years. It is interesting to note that the demand for Internet comes not only from Indian cities, but also from its rural population. Another interesting prediction about the growth on Internet penetration in India is that mobile Internet will grow at faster speed than the desktop variation.
While 'dial up' was the most popular means of connecting to the Internet, majority of the connections today are broadband.
According to a report by Forrester, the number of Internet users in Asia will be up from 38 % in 2008 to more than 40% in 2013. And India's contribution to this growth will be significant, as will be China's.
Opportunities for Indian Web Development Companies
The explosive growth in the Internet usage will present a golden opportunity for mobile web application development companies and mobile website design companies. With e-commerce on the rise, as well as the usage of smart phones on the rise, web companies that work in the field of Internet and mobile development will see a spurt in the demand for their services.