An anonymous reader writes "A new study shows that presence of the US, Asia, and Western European countries on the web is strongly declining. Newly internet-empowered countries are booming; many geographical regions are showing exponential growth, including Eastern Europe and South America. Chris Harrison explains: 'Countries that have never been able to place a website in the top 500 are now pushing dozens of established websites out of this prestigious list. This trend is both recent (within the last two years) and accelerating. Interestingly, Asia is seeing it's presence eroded the fastest, especially China.'"