The following video is part of our "Motley Fool Conversations" series, in which Motley Fool senior technology analyst Eric Bleeker and chief technology officer Jeremy Phillips discuss emerging trends in technology.

In today's edition, Jeremy and Eric look at a key trend in the technology world -- notably, the absence of major Internet giants in Europe. Of the 25 largest Internet and mobile companies identified by Kleiner Perkins partner Mary Meeker, none came from Europe while America dominated and emerging markets like China and Russia both found spots on the list. Simply put, the chart of the world's largest Internet companies succinctly shows a key reason Europe is falling behind.

With economies -- and high-paying jobs -- rapidly switching to service-based economies where ruling the dominant platforms of tomorrow is important for long-term success, Europe could be in trouble if it can't discover better ways to innovate in the technology space.

What's driving the results of the next generation of Internet companies? Increasingly, the answer is mobile. It's a space that has made Apple the most valuable company in the world and is paving the way for the next generation of billion-dollar technology companies. The Motley Fool has a just released free report on mobile named "The Next Trillion Dollar Revolution." Inside, we describe why the mobile revolution will dwarf any other technology revolution seen before it, and we name one company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, but you can be among the first to access this just released report by clicking here -- it's free.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.