Mary Meeker's 2016 Internet Trends report has arrived.

Over the last 21 years, Meeker's annual reports have become a major signal for the biggest trends in tech. This year, Meeker, a partner at Kleiner Perkins Caufield & Byers, tackles slowing smartphone sales; the growing mobile ad industry and ad blocking; the video-ification of social; the future of transportation; and the rise of messaging, bots, and voice-based assistants.

Here's the full report:

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The takeaways

Note: Some are pretty obvious.