Thursday, July 19, 2012

Mobile penetration:India's impressive jump

                                                                   Source: World Bank

Can you tell which invention has had the biggest impact on human population in the shortest period of time? As per World Bank, the invention is none other than mobile communication. In its latest report, the global institution has argued that the number of mobile phones in use has skyrocketed from less than 1 billion in 2000 to 6 billion in 2012. What more, the developing world today is more mobile than the developed world as it bypassed other communication devices to jump straight to mobiles. Today's chart of the day highlights the growth in mobile penetration of the BRIC nations, indeed showing how fast the growth has been. While India has amongst the lowest mobile penetration currently, it does boast of the fastest growth rate during the period.

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