Pandemic to accelerate global digitalization

The global communication sector output has increased above its pre-crisis levels heading towards growth of 6.5% this year. Recovery profiles across advanced and developing economies are varied. As of Q3 2020, US, Japan, and China were the only economies amongst the top players to have recovered pre-covid output levels with many other economies not seeing recovery before mid 2022.

What you will learn about:

  • On a subsector basis the publishing and broadcasting subsector will mainly be driven by growth Subscription Video on Demand (SVoD) in the short term.
  • On a regional basis, significant growth is expected from the emerging markets, especially China and India, over the medium and long term.
  • Into the medium term, the sector is set to benefit from the
    digitisation of the economy.
  • Forecast highlights, growth drivers and other risks of the information and communication industry in different regions.

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Topics: Technology, Industry, Technology and communications, IT, Information