20 Electrifying Technology Statistics You Must Know in 2024

All around the world, technology’s versatility and abilities are progressing rapidly. But how much does it affect us?

Continue reading because we’ve compiled some of the most electrifying technology statistics to show you how far technology has come. In addition, we’ll shed light on some of the future trends that might surprise you.

Top 10 Statistics About Technology

• In January 2021, the internet penetration rate was 59.5%.
• In 2020, 3.6 billion people were using social media.
• At the time of writing, there are 1.9 billion websites.
• 78% of teens check their smartphones at least every hour.
• 62.78% of internet users prefer Google Chrome.
• 99% of the population in Denmark, Ireland, and the UAE can access the internet.
• 91.54% of the world’s population has a phone.
• The global AI market size is likely to expand at a CAGR of 38.1% by 2030.
• The automatic car market is expected to be worth $26.2 billion by 2030.
• In the UK, 95% of sales will be online by 2040.

Global Technology Statistics

Technology has a significant impact on our everyday lives no matter where we live in the world. In this first part, we’ll discuss some global stats that may interest you.

1. The global IT spending on devices and communications services reached $4.24 trillion in 2021.

(Source: Statista)

Information technology spending is expected to increase by about 5.1% to around $4.45 trillion in 2022. In general, spending on different technology sections is estimated to increase.

Both IT and communication services receive large amounts of investments, as they include many different tools and services.

2. Tech statistics show that in January 2021, the internet penetration rate was 59.5%.

(Source: Data Reportal)

There has been a growing internet usage in the last few decades.

According to tech statistics, the rate in January 2021 has gone up by 7.3% compared to January 2020. More precisely, 4.66 billion people used the internet in January 2021, up by about 316 million since January 2020.

3. In 2020, 3.6 billion people were using social media.

(Source: Statista)

In 2022, the number is projected to increase to almost 3.96 billion users. Further predictions are that by 2025, the number of social media users will increase to around 4.41 billion.

Social media is a massive part of internet usage. On average, Americans spend nearly 29.47% of all screen time on social media.

4. At the time of writing, there are over 1.9 billion websites.

(Source: Internet Live Stats)

An interesting fact about the internet is that it was Tim Berners-Lee, a British physicist, who published the first website in 1991.

The World Wide Web reached one billion websites in September 2014. Then, the number had decreased below one billion due to the monthly changes in the number of inactive websites.

The Web reached one billion websites again in March 2016. From then on, the number continued increasing.

5. Negative technology statistics show that 78% of teens check their smartphones at least every hour.

(Source: Common Sense Media)

In comparison, 69% of parents check their smartphones hourly. What is even more concerning is that 56% of parents admit to checking their phones while driving.

According to a report in 2016, 72% of teenagers and 48% of parents feel like they should respond to text messages, social media notifications, and other notifications right away.

That being said, we must note that the survey included only 1,240 parents and their kids, so the actual numbers might be a bit different today.

Technology Statistics for 2022

How many people have smartphones in 2022? Continue reading to learn the answer to that question and many others related to technology this year.

6. 62.78% of internet users prefer Google Chrome.

(Source: Oberlo)

This percentage shows that 6 out of 10 people visit the internet via Chrome. Google processes 40,000 searches every second.

Safari is ranked second, with 19.3% of regular users. Mozilla Firefox and Microsoft Edge are the next most used web browsers globally, with market shares of 4.2% and 4.05%, respectively.

7. Statistics on technology usage show that China has 1.02 billion internet users as of February 2022.

(Source: Statista)

Second-ranked was India, with about 658 million internet users. The US was third, with 307.2 million users.

However, despite the high number of internet users in the Asia Pacific region, English is still the most common language online — 25.9% of internet users prefer it, according to stats from 2020.

8. 99% of the population in Denmark, Ireland, and the UAE can access the internet.

(Source: Statista)

As of April 2022, these three countries have the highest internet penetration rate.

Switzerland, South Korea, and the UK have a 98% internet penetration rate. In comparison, 92% of the population in the US can access the internet.

Globally, as of April 2022, 63% of the total number of people use the internet.

9. 91.54% of the world’s population has a phone.

(Source: Bank My Cell)

According to technology statistics, there are around 7.26 billion phone users worldwide.

Smartphone owners are the majority in 2022, amounting to 6.64 billion, while there are around 0.6 billion feature phone owners. Feature phones are cell phones without complex OS, used mostly in developing countries.

10. At the time of writing, Instagram’s account has 504.37 million followers.

(Source: Statista)

Cristiano Ronaldo ranks second with over 440 million followers. In addition, his Instagram account has the most value, as the average value of one of his posts is $985,441, according to stats from 2020.

11. As of the end of 2021, Instagram has more than 2 billion monthly active users globally.

(Source: CNBC)

Instagram disclosed user numbers in 2018 when it surpassed one billion monthly active users. The milestone of 2 billion came despite facing scrutiny from regulators and lawmakers and having TikTok as competition.

Technology has become vital in the way we live our lives. It has made our daily routines more efficient and comfortable. The following tech statistics will help you get up to speed with what is happening in the IT world.

12. 53% of businesses plan to increase tech spending.

(Source: SWZD)

Due to the COVID-19 pandemic, there are predictions that IT budgets will grow by 26%. In addition, 61% of businesses expect their revenues to grow in 2022, while 8% expect them to decrease.

Moreover, 25% of employees will choose to work from home even when it becomes safe to go back to the office, meaning that investments in services, software, and hardware will be needed.

13. According to a report from 2018, 96% of public schools in the US have internet access.

(Source: K-12 Dive)

Regarding positive technology statistics, we should note that digital learning is possible for more than 44 million students, since they have access to computers and high-speed internet connections.

Moreover, 98% of the public schools have next-generation fiber infrastructure. However, 1,356 schools, most of which are in rural districts, are still off the grid.

14. Employment in information technology occupations is predicted to grow by 13% from 2020 to 2030.

(Source: US Bureau of Labor Statistics)

The average annual salary for computer and information technology jobs was $97,430 in 2021, higher than the annual average wage for all other occupations, which equaled $45,760.

There are predictions that these occupations will add around 667,600 new jobs.

15. Information technology stats show that hardware spending has decreased to 30% in 2022.

(Source: SWZD)

Hardware continues to be the largest share of information technology spending in 2022, but it has seen declines over the last few years. In 2020, the hardware spending was 33%.

The IT world’s second-largest spending category, software spending, will account for 28% of the tech budget.

Future Technology Trends

In this last part, we’ll discuss the trends and how technology will influence our lives. We’re likely to experience more progress in the upcoming decades than we did in the last 100 years.

16. The global AI market size is likely to expand at a CAGR of 38.1% by 2030.

(Source: Grand View Research)

The AI market was worth $93.5 billion in 2021. AI is proven to be a crucial revolutionary element of the digital era. Technology giants, like Amazon, Facebook, Google, Apple, and many others, are constantly working to make AI more convenient for enterprise use.

In addition, many companies have started adopting AI technology to provide a better customer experience.

17. The automatic car market is expected to be worth $26.2 billion by 2030.

(Source: Electronic Design)

Experts estimate that the number of semi or fully-automated cars in the US, China, and Europe will reach 470 million by 2025. The predictions are that by 2030, those cars will generate data worth $750 billion.

18. According to technology growth statistics, in the UK, 95% of sales will be online by 2040.

(Source: Nasdaq)

In 2017, 87% of UK buyers said they had bought at least one product online during the year before.

This isn’t surprising since we all know how convenient it is to shop from the comfort of our homes. Interestingly, 84% of people trust online reviews as much as they trust recommendations from friends.

19. The global big data market is expected to grow to $103 billion by 2027.

(Source: Statista)

Big data refers to the data that is too complex for traditional data processing apps such as cloud computing traffic, mobile data traffic, artificial intelligence, and the Internet of Things.

In 2017, the big data market was worth $35 billion. With a 45% share, the software is predicted to become the largest big data market segment by 2027.

20. The AI market is projected to be worth over $15.7 trillion by 2030.

(Source: PWC)

Artificial intelligence is not one of the latest technology trends but is progressing quickly, so it’s here to stay. Both businesses and individuals love the AI market’s efficiency.

The predictions are that the largest economic gains from AI will be in China (26% boost to market value in 2030) and North America (14.5% boost).

Wrapping up

Today, it’s impossible to imagine life without technology, as most of our personal lives and businesses are connected to it. But, as our stats show, technology is progressing at a rapid pace.

For businesses to remain relevant and competitive in this ever-changing world, they’ll have to up their game. Experts predict that there are millions of inventions yet to be discovered, so we all have a long, but certainly interesting, road ahead.