Six Drivers Of The $700B Mobile Internet

Our bar / restaurant industry is behind the curve on developing mobile friendly (responsive) websites, social media and other trends in mobile that are bringing big changes in customer habits. This should be a marketing priority for every restaurant, bar, nightclub, hotel and other hospitality operator! Shoot me a note for help with this – easy, proven, profitable moves you can make quickly. Cheers! TimTheBarGuy

TechCrunch

Editor’s note:Tim Merel is the managing director of Digi-Capital

Mobile internet is all about big numbers. Revenue will more than triple to $700 billion by 2017, there was over $19 billion invested and $94 billion exits in the last 12 months, average sector returns were up to 15.6x all of the money invested over the last three years, public stock market returns were up to 78 percent in the last year, and there are 32 billion-dollar mobile Internet companies already.

Understanding what’s driving these big numbers is critical for entrepreneurs, investors and corporates, so let’s dig in.

1. Revenue to grow >3x to $700B by 2017

Digi-Capital forecasts mobile Internet will deliver $700 billion revenue in 2017, more than tripling last year’s $200 million. mCommerce will remain dominant, with over half a trillion dollars in sales. The other top earners are $74 billion consumer apps, $53 billion enterprise…

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