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TECHNOLOGY

THE FUTURE DEPENDS ON IT

WHAT IS THE TECHNOLOGY INDUSTRY?

As you can see the technology industry seems pretty all-encompassing but it can be broken down into sub-sectors like semiconductors, networking, software, hardware and internet to help you to better grasp its scope. The tech industry is focused around innovation, creation and growth.

 
 

Software

The software industry includes businesses for development, maintenance, and publication of software that are using different business models, mainly either "license/maintenance based" or "Cloud-based".

 

The industry also includes software services, such as training, documentation, consulting, and data recovery.

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Hardware

The Technology Hardware, Storage & Peripherals Industry Sector comprises manufacturers of cellular phones, personal computers, servers, electronic computer components, and peripherals. Includes data storage components, motherboards, audio and video cards, monitors, keyboards, printers, and other peripherals.

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International Trade

International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. In most countries, such trade represents a significant share of gross domestic product.

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