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OECD Internet Economy Outlook 2012

image of OECD Internet Economy Outlook 2012

The Internet is now a fundamental infrastructure supporting the economy and is firmly in its 2nd stage of development, having evolved from a data network connecting PCs with wires to a much broader network of new portable devices from mobile phones to tablet computers. It is also on the cusp of a much larger expansion to objects that typically did not have communications capabilities: the “Internet of things” is projected to have more connections than the people using them. This raises many important socio-economic and political issues for stakeholders to consider, as economies and societies become increasingly inter-meshed.

Supported by time series data, this publication begins with an overview of trends and highlights how the Internet sector has proven to be resilient during the recent economic crisis. It then examines the various drivers and impacts of Internet use and deployment, as well as emerging technologies, broadband, e-commerce, e-health, digital content, security and privacy, and reflects on a methodology for measuring the Internet economy.

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ICTs, the Internet and the crisis: Macro trends

This chapter examines the Internet within the broader view of the ICT sector as a whole. It explores the impact of the recent fiscal and economic crisis on the sector in terms of both ICT goods and services. It examines the top 250 ICT firms by country and sector, and looks at the current status of Internet intermediary and semiconductor firms. The chapter also looks at the various aspects of Internet investment, including venture capital, investment in R&D, as well as ICT markets, spending and investment. Finally, it offers its conclusions on the current health and growth of the ICT sector.

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