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2 Information and Communications Technology (ICT)

19 The 4Cs of ict : Computing, Connectivity, Content, and (human) Capacity Together, ICT is roughly of the world s GDP ICT is more than computers and telephony ICT is embedded in virtually all industrial, commercial, and services systems ICT is a fundamental part of economic growth, especially for the so-termed knowledge economy 2 Information and Communications Technology (ICT) Overview The International Telecommunications Union (ITU) estimates the worldwide ICT market in 2002 was almost $ trillion, which they segmented as Telecom Services (39%), Software and Services (31%), and Hardware (30%). This comes to nearly of the Gross World Product.

Impact on this MDG sector Source: Lanvin and Qiang (2003)5 Figure 2: ICT and Development: Resource Allocation and Impact in MDG Sectors 3 There are different estimates on the growth and role of ICT, both within ICT sectors and in ICT consuming sectors. These

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