Presentation on IT Outlook Trends – OECD December 2008

2008 Presentation on IT Outlook Trends OECD Dec 2008Presentation on IT Outlook Trends
OECD
December 2008

Global overview: ICT supply side

  • Growth dropped, Q3-Q4 financial markets meltdown and OECD area recession. Grew in all segments in 2008 due to Q1-Q3 growth. Outlook negative for 2009
  • Turbulence linked with OECD area recession: IT investment is highly cyclical (‘accelerator effect’), consumption hit by ‘wealth effect’, rising unemployment
  • Growth was balanced across OECD countries. E.Europe and non-OECD have grown much fasterDownload the full report
  • ICT growth has been highest in consumer, Internet-related, service support systems
  • Drivers shifted from technology push => commercial applications and user-driven applications pull
  • Staying the course is the challenge for ICT policy

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