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Technology, Media & Telecoms is one of the fastest-growing economic sectors and a major innovator, with important spillover effects on all other industries. It is both a source and a carrier of knowledge, supporting the acquisition and building of innovation capabilities in individuals, businesses and public organisations. In today’s era of digital transformation, emerging disruptive technologies and new business models, the Technology, Media & Telecoms sector creates new markets, improves operating performance and brings about efficiency gains and economies for the entire society.
Activities associated with Technology, Media & Telecoms are the manufacturing of semiconductors, electronic components and optical media, and production of a variety of hi-tech consumer goods, such as computers, laptops and mobile phones. It also includes media publishing, software development, motion picture and sound recording, and radio and television broadcasting. Telecommunications, data processing, networking and internet services are also part of this industry.
In October 2018, the government launched Thailand 4.0 to transform the country into a digital economy. This has proven to be beneficial for the ICT sector as it remains one of the fundamental drivers of digitalisation. ...
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The COVID-19 pandemic has accelerated the adoption of digital technology for daily activities not only in the “new normal” but also for the future. For households, better broadband connectivity became vital for working ...
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The year 2020 saw countries going into lockdown as a result of COVID-19. The telecom sector became an anchor for economic activities to continue as learners, workers and all non-essential operations needed to be conducted from home. ...
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Argentina has the third largest ICT sector in Latin America by number of subscribers, beaten only by Brazil and Mexico. In regional terms, the country also has relatively high penetration rates in the main ICT services – ...
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The Indian ICT sector is highly competitive. India’s young, and increasingly affluent, population is driving demand for ICT products and services, and this dynamic has attracted participation by large domestic and multinational firms. ...
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Colombia’s ICT sector is of great importance to the country in terms of GDP, employment and investment. In 2019, the information and communications sector’s gross value added increased by 1.7% y/y in real terms, reaching COP 24 ...
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China’s telecommunications sector saw a stable growth in the third quarter of 2020, with revenue rising by 3.4% y/y to RMB 330.1bn. The total business volume of the telecom industry for the first three quarters of the year ...
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While China is recapping its achievements at the end of the 13th Five-Year Plan (FYP) in 2020, it is also getting prepared to enter the next stage of development and at the same time dealing with the impact of the COVID-19 pandemic that abruptly ...
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The ICT sector in Russia generates slightly over 2% of the country’s GDP, with revenues from communications totalling RUB 1.9tn in 2019. Being one of the largest countries geographically and with a population of ...
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Following the heavy toll the COVID-19 pandemic took on Chinese economy in early 2020, the situation improved in Q2 when market players managed to adjust to a new economic and market reality. The performance of ...
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