The document summarizes forecasts and trends in the ICT industry. It predicts a 3% loss for the ICT industry in 2009, which would be the first overall decline. However, ICT is expected to drive economic recovery in 2010-2012. Globally, strong revenue growth is projected for the ICT industry after 2010, with increases of 6.4% in 2011 and 7.9% in 2012. The US stimulus package includes $26 billion overall for the ICT industry to spur recovery, including funds for broadband, energy infrastructure, health IT, and R&D.
1. Forecasts & Trendsin the ICT Industry 16th August, 2009ICICT2009Dr. Sayeed Ghani Associate Dean, Faculty of Computer Science, IBA 1
2. TIA forecasts a 3 percent loss for ICT Industry in 2009. First overall decline ever predicted by TIA. However, ICT expected to be a driver for economic recovery in 2010-12. $26 billion ICT Stimulus funds being injected into the US economy. Modest 1.2 percent increase expected in 2010 Globally, strong rebound for the ICT industry projected after 2010: 6.4% revenue growth expected in 2011 7.9% increase expected in 2012 TIAs 2009 ICT Market Review & Forecast 2
4. $26 billion overall for ICT industry to spur recovery $7.2 billion for broadband $4.5 billion for Energy (Smart Grid) $2 billion for health IT $3.6 billion for R&D recovery Broadband expected to be a driver for recovery in all areas. US Stimulus Package - Details 4
12. In wireless services, overall spending is up data is the driver voice relatively flat Wireless Service revenueby category in US :($ millions) Wireless Services 12
http://www.washingtonpost.com/wp-dyn/content/article/2009/04/02/AR2009040201610.htmlhttp://peakenergy.blogspot.com/2009/05/cisco-chases-billion-dollar-smart-grid.htmlThe industry has lobbied for the creation of standards for electric grids that would distribute and track energy flow using an Internet-based system capable of supporting a variety of applications developed by private companies Health Informatics, Electronic health record