15 Most Valuable Internet Companies in the World
Having access to the internet has been a lifesaver amid the pandemic. The most valuable internet companies in the world helped the global economy as the world used their services to get their groceries, essential healthcare items, entertainment and gaming. The internet sector provides access to products and services offered online such as e-commerce, travel, entertainment, social media platforms, business enterprise solutions, and cloud-based applications.
The ecommerce industry has been the highlight of the internet revolution. Global retail e-commerce sales increased by 27.6% in 2020 to $4.3 trillion, according to eMarketer’s data. On the other hand, the global social media market was valued at $94.8 billion and is projected to grow at a CAGR of 8.2% to reach $102.62 billion by 2021. On the contrary, the cloud collaboration market is expected to reach $42.6 billion in 2021. As the internet advances with the integration of new tec