That’s the prediction from well-known Internet analyst Mary Meeker of Morgan Stanley, who presented her outlook at Events@Google. The report is well summarized on ReadWriteStart and The full version of Meeker’s presentation is available on Scribd, thanks to Mathew Ingram from GigaOm.
But here’s a quick summary of the report, which focuses on the rapid and continued growth of the mobile internet and social networking. Claiming that the world has entered the fifth major technology cycle, Meeker predicts that this cycle will be marked by the adoption of mobile Internet technologies, as the trends of “3G + Social Networking + Video + VoIP + Impressive Mobile Devices” converge. She predicts the mobile Internet will be bigger than desktop in five years, noting that by comparing iPhone and iPod touch versus AOL and Netscape users, that mobile Internet is ramping up at a rate far faster than desktop did.
Meeker says that mobile will revolutionize e-commerce, forcing both innovations for both online and brick-and-mortar companies. She identifies location-based services, push notifications, transparent pricing, and instant mobile delivery as four potential areas this will occur. She also predicts that video will outpace VoIP and other resources that people seek to access with their mobile devices.
