OECD Digital Economy Outlook 2015
The digital economy now permeates countless aspects of the world economy, impacting sectors as varied as banking, retail, energy, transportation, education, publishing, media or health. Information and Communication Technologies are transforming the ways social interactions and personal relationships are conducted, with fixed, mobile and broadcast networks converging, and devices and objects increasingly connected to form the Internet of things.
This report assesses how countries can maximise the potential of the digital economy as a driver for innovation and inclusive growth, and discusses the evolutions in the digital economy that policy makers need to consider as well as the emerging challenges they need to address as a part of national digital strategies. Chapters include an overview of the current status and outlook of the digital economy; the main trends in the ICT sector, and developments in communication and regulation policy; and overviews of ICT demand and adoption, plus the effects of the digital economy on growth and development. This volume also includes a chapter on developments related to trust in the digital economy and on the emerging Internet of things.
The foundations of the digital economy
The Internet, broadband networks, mobile applications, IT services and hardware constitute the foundations of the digital economy. This chapter examines recent trends and structural features of the ICT sector, telecommunication markets, and broadband infrastructures and services. By looking at growth in value added and employment, changes in international trade, R&D expenditures, innovation activities and communication revenue, penetration, network size, broadband speeds and prices, and IPv6 indicators, the chapter highlights the fundamental role of information and communication industries as a driver of growth and innovation in the digital economy.
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