Mary Meeker, partner at Kleiner Perkins and a longtime tech industry analyst, says that growth of internet businesses is slowing down, and that image sharing and messaging apps are the future. She covered these topics, and more, while delivering a presentation of her 2016 internet trends report at this year's Code Conference (full presentation here). Here are some of the key data points from her talk that you should know about: This article originally appeared on Recode.net.
Ms Meeker has revealed in her 2016 internet trends report presentation that messaging apps are a growth area beyond social networking, and could readily include businesses with the rise of “conversational commerce”. She highlighted the “magic of the thread”, conversational exchanges which “remember identity” as well as other specific data, and demonstrated how they can prompt a rise in customer engagement and satisfaction. Mary Meeker also spoke about continued growth image sharing among Generation Z, which she said “loves to communicate with images”, and user-generated content on platforms such as Snapchat, Facebook and Instagram gaining millions of views.