Internet services sector may create 1.2 crore new jobs by 2022: IAMAI report
The IAMAI report expects the number of Internet users in the country to increase 1.6 times from 481 million at present to 762 million in 2022 due to the proliferation of affordable Internet connectivity
Mumbai: The Internet services sector in the country, which currently employs around one million people, is expected to create 12 million new jobs by 2022, a report said on Tuesday.
The sector, valued at $33.8 billion at present, is expected to reach $76.4 billion by 2022 in conservative estimates, according to the report titled 'Economic Impact of Internet Services in India' published by the Internet and Mobile Association of India (IAMAI).
The report also expects the number of Internet users in the country to increase 1.6 times from 481 million at present to 762 million in 2022 due to the proliferation of affordable Internet connectivity.
The number of smartphone users is also estimated to grow at 1.75 times to reach 526 million in 2022, it said.
On the technology and business side of the Internet services, the report said that the Internet will fundamentally change the way the needs, aspirations and demands of the consumers will be addressed.
"Pivoting on that, the Internet services sector is expected to see several of changes in the future," it added.
The report suggests that the sector can further reach up to $124 billion if certain critical factors are realised such as forward-looking and supportive government policies, better infrastructure for widespread Internet connectivity, developed distribution network, among others.
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.
The CSE mains exam will be held on 25, 26 and 28 November, while the Judicial Services exam will be conducted on 6 December
UPSC Recruitment 2020: 42 vacancies for engineers and MBBS degree holders released, apply at upsconline.nic.in by 15 October
UPSC Recruitment 2020 | If the panel receives a high number of applications, then it will adopt shortlisting criteria to restrict the number of candidates to be called for interview
BPSC 66th Prelims 2020: Registration begins today, exam on 27 December; visit bpsc.bih.nic.in for details
In order to be considered for the 562 vacancies, the examinees need to qualify the prelims after which they need to clear the main exam and interview