Information and Communications Technologies Industry in Light of 2023 Goals

Information and Communication Technologies (ICT) is a horizontal sector which affects all industries, increases productivity, and takes an active role as a facilitator. ICT acts as a trailblazer for the innovative development of business fields, current and developing technologies, and increase of productivity and competitiveness. The results of field research completed in EU countries over several years reveal that ICT is the most effective element for product, service and process innovation.

The studies carried out in light of this report show that one unit of Turkish ICT industry growth leads to a 1.8 unit growth of the Turkish economy. Accordingly, an eight percent ICT share of the projected GDP worth $2 trillion for 2023 would result with a total factor productivity contribution of around $71billion.