Online Population to Quadruple

Research conducted by Ovum has predicted that the number of people with Internet access worldwide will quadruple by 2005. In a report titled “Internet Market Forecasts: Global Internet Growth 1998-2005,” the market research company forecasts 206 million dial-up connections and 17.5 million permanent connections in the year 2005.

The report predicts the US Internet market will reach its saturation point by 2002, and that the Western European and Asian markets will continue to grow at a slower pace than the US market. Japan will continue to dominate the Asian market, the report said.

Ovum’s report also warns that the global Internet backbone is facing a capacity crisis.

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