Table of Contents
Venezuela's online population is expected to experience gradual growth between 2023 and 2028, amid ongoing economic challenges and infrastructure limitations. The current internet penetration rate stands at 62.5% of the total population, with 17.8 million internet users in 2023.
Key factors influencing Venezuela's digital landscape include:
- Economic instability: The country's ongoing economic crisis impacts citizens' ability to afford internet services and devices.
- Infrastructural constraints: Limited digital infrastructure, particularly in rural areas, hinders connectivity and internet access.
- Emigration: The recent exodus of over 7.7 million people from Venezuela may affect future online population growth.
Definitions
Online population. Total number of individuals or users who have access to the internet and regularly use it for various purposes, such as communication, information gathering, entertainment, shopping, and more (at least once in a month)
Additional Notes
Release Date: April 2024
Region: Europe and Central Asia - Includes Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Romania, Russia, Spain, Sweden, Switzerland, Turkey, UK, Ukraine and others
Time Period: 2009 to 2028
Author: Datum Research Team
Source: Datum Global Online Population Forecast 2023-28
Methodology
Datum Forecast is a comprehensive, data-driven solution that offers invaluable insights into the factors shaping various industries. By providing a quantitative framework for assessing market drivers and inhibitors, it empowers clients to make well-informed investment decisions and develop strategic plans that capitalize on growth opportunities while mitigating potential risks.
To forecast upcoming market trends and opportunities, our market sizing and forecasting team makes use of statistical models, time series analysis, and other forecasting approaches.
To create precise estimates, we take into account elements like historical data, market drivers, economic indicators, consumer behaviour, and the competitive environment.
Our forecasting and trend analysis enable businesses to anticipate market shifts, adapt their strategies, and stay ahead of the competition.
Our dedicated team produces over 30 forecasts annually, enabling a comprehensive understanding of global market trends.
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