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Global ICT Regulatory Outlook 2017

image of Global ICT Regulatory Outlook 2017

This Global ICT Regulatory Outlook 2017 is the first of an annual series of reports tracking market and regulatory trends in the information and communication technologies (ICT) sector and their implications across the economy. Understanding current trends and challenges across ICT markets and regulatory frameworks can help address the gaps and capitalize on unexplored opportunities. This report provides useful insights and a clear, evidence-based perspective to do that. This report is also a key resource on smart, inclusive and forward-looking ICT regulation. Its findings can provide useful guidance in reviewing and upgrading regulatory frameworks for the ICT sector as the basis for the digital economy today and for the future. The report reaches out to the regulatory community worldwide, policy-makers, industry and the ICT community in general

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The rise of the app economy

The app economy has unleashed a ‘virtuous cycle’, transforming multiple economic and social activities on its way, opening up new channels of innovation, productivity and communication. The rise of the app economy and ubiquity of smart mobile devices create great opportunity for companies who can leverage global scale solutions and systems. Technology design deployed by disruptive app companies – such as Uber or Airbnb – reduces transaction costs while allowing for increasing economies of scale. The outlook for both network operators and over-the-top providers (OTTs) is bright as they benefit from the virtuous cycle – as the ICT sector outgrows all others, innovation continues to power ahead creating more opportunities for growth.

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