Immanuel Simonsen

Which Online Market Is The Fastest Growing In Europe?

Yesterday, comScore released an Overview of European Internet Usage for December 2011.

The release, highlighting internet usage in 49 European markets and providing individual reporting on 18 of those markets, shows that the Russian internet audience continues to be Europe’s largest with more than 53.3 million unique visitors during the month. Back in September 2011, Russia overtook Germany as the European market with the highest number of unique visitors online, and the awakening giant has not looked back since. While the other 17 countries included in the reporting have either stayed the same or witnessed very modest growth, the number of Russian unique visitors has increased by more than 2.5 million. Especially rural Russia, making up about 27 percent of the overall population, is experiencing deep transformation and, according to Nielsen, “internet usage growth rates in rural households are almost twice as high as in urban homes.” Despite the vast window of opportunity from a business perspective, this rapidly emerging market has been heavily neglected by marketers so far, Nielsen further concludes.

 

Top5Dec_InternetUsageCountrySource: comScore

When we are moving on to look at the highest engagement of European countries, the U.K. continues its lead with an average monthly user spend of 35.6 hours online during December. Not surprisingly, Facebook has the highest overall engagement for web sites at 93.3 billion minutes spent on the site in total. However, it is interesting that Facebook is second to Vkontakte in terms of highest average user engagement. Russia’s #1 social network, or what has been referred to as “a Facebook clone”, beats its American rival, with visitors spending an average of 7.9 hours on Vkontakte during the month.

Combining high user engagement and rapidly increasing internet penetration rates makes Russia one of the most attractive online markets in the world. The question remains: Are you taking full advantage of it?

Preston Carey from Yandex will be speaking about the market opportunities in Russia at the International Search Summit @ SMX West on February 27th.  Passes for the Summit are still available.

Immanuel Simonsen

Immanuel Simonsen

Research Manager at Webcertain
As the Research Manager of multilingual web marketing agency Webcertain, Immanuel heads up the company’s global market research activities and large content marketing projects. He is the author of several reports and guides, including ‘The Essential Guide to Rel-Alternate-Hreflang’ and ‘The Webcertain Global Search and Social Report 2013’. Apart from being a tutor at the International Marketing School -- teaching online marketing professionals on business opportunities around the globe -- Immanuel is a regular speaker at the International Search Summit, a leading event series dedicated to multilingual search and social media marketing.

3 Responses to Which Online Market Is The Fastest Growing In Europe?

  1. @Niklas: Turkey was included in this survey and came out as the second most avid online population in Europe in terms of hours spent on the internet, next to the UK.

  2. Matey says:

    Interesting data about this market. It starts to become interesting to invest in Russia regarding online marketing obviously.

  3. Niklas Nikolaidis says:

    I’m surprised Turkey isn’t in there as fast growing. Or is Comscore putting in Asia, not in Europe?

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