India is the next major technology market of the world, says a recent Internet trends Report published by the prestigious firm KPCB (Kleiner Perkins Caufield Byers). This latest report by KPCB’s Mary Meeker shows how India is progressing towards becoming the next big tech market of the world. The 355 page report has dedicated 55 pages for showing the state of mobile access and internet in India, reports The Next Web (TNW).The KP Internet Trends 2017 report shows that India is not a country who will lag behind. The nation now has a whopping number of 355 million users; amounting to around 27 percent of the total population of India which is 1.3 billion. These 355 million users are up from 277 million users in 2015.A decade ago the cost of a smartphone was not as affordable as it is now. The prices of mobile phones and mobile data have dropped down drastically making it affordable for many users. In 2007, it was around $270 which dropped down to below $150 in 2016.Reliance’s Jio carrier was launched in September 2016. Giving credits to it, India is seeing major low-cost data plans on the 4G network. TNW mentions that the according… Read full this story
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