As nearly every indicator of economic growth plummets, the Net maintains its rise.
Internet traffic in the U.S. and around the globe in 2008 grew at an annual rate of between 50% and 60%. This compound pace of growth has remained fairly steady for the past half-decade. Year-end 2008 data show monthly U.S. Internet traffic was about 1.5 exabytes, a 10- fold increase since 2002. An exabyte is one million terabytes, or a billion gigabytes.
In previous research, we projected U.S. Internet and IP traffic to grow at a compound annual rate of around 56% through 2015. (See “Estimating the Exaflood”; “Unleashing the ?Exaflood’”; and “The Coming Exaflood.”)