Nigeria’s evolving internet market has just hit another milestone, as the latest statistics released by the Internet World Stats revealed that the country now ranks 7th in terms of countries with the highest number of internet users in the world.
According to the report, Nigeria’s total internet users stood at 111.6 million as at the end of March 2019. It was further revealed that among the top 20 countries in the world, Nigeria’s internet users grew the highest by 55,716% in the last 19 years.
There are 4.3 billion internet users in the world. Out of this number, China has the highest number of Internet users in the world with 829 million internet users, representing 58% of its entire population. This is not strange as the country remains the most populated country in the world with 1.42 billion people.
Second on the list is India, the second most populated country in the world with 1.36 billion people. According to the statistics, India has a total of 560 million internet users, representing 41% of its total population.
Despite ranking third with the highest number of internet users, Africa still maintains the lowest in terms of internet penetration in the world. The region’s population is put at 1.32 billion, while internet users are only 492.7 million people; representing just 37.3% of the total population.
On the other hand, while the Asian region comes top with the highest number of internet users, North America records the highest internet penetration across the world’s regions.
Internet penetration in North America is about 89.4% with 327.7 million internet users. Europe’s region ranks second with the highest internet penetration of 86.8%, having 2.19 internet users.
On the flip side, Nigeria also has low internet penetration when compared to other countries of the world. A recent report shows that Broadband penetration (measured by the number of broadband subscribers per 100 inhabitants) rose to 33.7%.
Despite having five mobile internet data providers (MTN, Glo, 9mobile, Airtel and Visafone), internet downloads speed in Nigeria still ranks among the slowest in the world.