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The Information & Communications Sector - Trends, Drivers and Opportunities
11 August 2009
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This box article highlights recent growth trends in the Information and Communications (I&C) sector as well as the key growth drivers for the sector.
Growth Trends
The I&C sector is divided into three segments, viz. telecommunications, IT services and other I&C services (e.g., publishing and television and radio broadcasting). The telecommunications segment is the largest, though its share in the I&C sector fell from 62 per cent in 1998 to 43 per cent in 2008. In contrast, the share of the IT services segment out of the whole sector rose from 23 per cent to 35 percent over the same period (Exhibit 1).
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