Global value-added by ICT industries more than doubled from $1.2 trillion in 1995 to $2.8 trillion in 2010, and today the ICT industry accounts for 6 percent of global GDP.

Information and communications technology (ICT) constitutes one of the global economy's most important industries. In fact, global value-added by ICT industries more than doubled from $1.2 trillion in 1995 to $2.8 trillion in 2010, and today the ICT industry accounts for 6 percent of global GDP. ICT industries also account for a similar share of employment; for example, in 2010, ICT industries employed 5.8 percent of workers in OECD economies, a 13 percent increase over the 5.1 percent they employed in 1995.