In today's world of rapid digitization, internet usage has increased in manifolds globally. As of 2022, the estimated number of internet users worldwide was 5.30 billion, up from 4.90 billion in the prior year, equating to around 66% of the global population.
Moreover, the Biden administration’s infrastructure bill aims to achieve all-inclusive internet connectivity. Also, recently the U.S. Department of Agriculture allotted $63 million to bring high-speed internet access to people living and working in rural areas in Illinois, Michigan, Minnesota, and Mississippi. Such investments are expected to bode supremely well for the internet industry.
