Cloud Computing Services
A relatively new segment, cloud computing is the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer.
Companies in this particular segment design and publish software to conduct business-to-business and business-to-consumer transactions through the Internet and other computer networks.
Companies in this segment create video games and other entertainment software. Major products include items such as console software, handheld games, smartphone applications, and personal computer games.
The Technology industry is Highly Concentrated. The production in this industry is dominated by a small amount of large firms that are able to shape the industry’s direction and price levels.
Primary Demand Drivers
- Rapid technological advances, but spending depends on the health of the domestic economy
- Technical expertise
- Innovative services
- Effective marketing
From the Blog
Today, the next big advancement for the world just might be the arrival of fifth-generation (5G) wireless network technology. The new 5G technology plans to use higher-frequency spectrum known as millimeter waves, which can carry more data than other types of the spectrum but can’t travel as far or penetrate many hard materials, which means at first, the coverage will only be available in select cities.
The sport of baseball boasts ties across the world, carrying tradition and holding economic value in countries like the Dominican Republic, Japan, China, and the U.S. For countries around the globe, baseball has been, or is, necessary to their way of life. Recently, however, baseball has seen a substantial decrease in its popularity at all levels. From Major League Baseball to Little League, fewer people are participating in, purchasing goods from, and supporting baseball games. This has a direct influence on many global economies, specifically regarding the equipment with which baseball is played. The question for many retailers and consumers is, what does the future hold for the sport of baseball and its business operations?
- SelectUSA (Date Accessed: 6/1/2017)