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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. Surprisingly, in developing countries, ICT s share in GDP is not low.

Information and Communications Technology (ICT) is viewed as both a means and an end for development. With roughly two-third of the world economy based on services, and the rise of India, Philippines, and other nations as global IT players, many developing countries have accepted ICT as a national mission.

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