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Internet addiction isn’t going away.
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No wonder we’re fatter than ever.
The amount of time spent on the internet continues to explode, with more than 4.5 billion active users — 60% of the world — and countless more coming on line every day.
According to ZenithOptimedia, we’re expected to spend an average of 487 minutes a day (more than eight hours) surfing the internet in 2020, up from 473 in 2018. And that number’s only growing
So what’s everybody doing, besides not interacting with the real world? Check out this breakdown on all the action, courtesy of Domo, which was posted on the Visual Capitalist blog this week.
This is the eighth edition of the graphic, and the numbers are getting more startling each year. Amazon AMZN, -0.75% ships 6,659 packages, TikTok gets installed 2,704 times, consumers spend $1 million and YouTubers GOOG, -0.41% upload 500 hours of video. Every minute.
Here’s Visual Capitalist’s summer tally of the internet companies with the biggest user bases:
Those kinds of numbers are paying off bigtime for shareholders this year. Facebook’s FB stock price is up 31%, Google 15%, Apple AAPL, -1.82% 57% and Twitter TWTR, +2.26% 24%, to name a few. Meanwhile the S&P SPX, +0.30% has added less than 6%.
“If the last decade serves as a reference point, one can expect further and intensifying competition among tech companies,” Visual Capitalist blogger Aran Ali wrote. “After all, the reward — winning in today’s digital economy — reaps much greater value.”
