Entrepreneurs Should Go Digital Essay

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Digitization—Entrepreneurs Should Either Get On the Bus or Get Underneath It
For banking purposes, you do not have to visit the bank. Do not waste your time and talk time by calling a taxi driver, tap on the screen and the taxi will pick you up from wherever you are. Thanks to digitization, for changing the way we live, move and subsist in the society. It is evidently impossible to leave your smartphone unchecked every now and then. It is impossible to order a home delivery from the new restaurant until its rating and reviews are checked. The modern, affordable smartphone is experiencing rising penetration whereas, internet availability in the almost corner of the world is enhancing the technology reach out.
Undeniably, digital is the future because of its huge disruptive potential. Nonetheless, …show more content…

Enhanced Internet and Technology Adoption
Asian internet penetration is on rising since last few years. According to Internet World Stats, as of June 2016 about 49.6% population is using the internet with the penetration rate rising to 44.2%. In countries like South Korea, Internet Penetration rate is 92.1%, means 8 out of 10 people have access to the internet. Japan is second with 91.0% Internet Penetration Rate. China and India have also recorded a stiff rise in a number of internet users with 52.3% and 36.5% Internet Penetration rate. The interesting thing is China and India are leading the charts having the highest number of internet users.
China and India seem to have low internet penetration rate, but if we consider the internet user base, then these two countries are topping the charts leaving behind even the USA and France. As of June 30, 2016, the internet user base of China is 721.4, India has 462.1 and the United States has 286.9 millions of users.
The most amazing finding is younger generation is adopting the internet with greater pace. For an instance, 77% of Indian and Indonesian mobile users are under 35 years of

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