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Taiwan’s ICT Industry – Current State and Development Potential
New upgrades in information and communication technology – the Internet of Things: In 2018 Taiwan achieved US$157 billion in information and communication technology exports, an increase of 3.48% compared to 2017. This was due to Taiwan’s strong industrial chain and technological edge. Moreover, our integrated manufacturing capabilities in sensors and IoT terminals gives us a global advantage in IoT industry development. With the Executive Yuan’s recent promotion of the “Asia Silicon Valley” policy and the establishment of the Asia Silicon Valley Development Agency (ASVDA), Taiwan is expected to attain a complete industry ecosystem by 2025.
  • Global Scale of Taiwan’s IoT Business to Increase 30% by 2025
  • Links to Asia Silicon Valley Development Agency

    - Microsoft IoT Innovation Center
    - Qualcomm signs Memorandum of Technology Laboratory Cooperation with the Ministry of Economic Affairs

  • Software and Hardware Integration Build an IoT Value Chain

    The Asia Silicon Valley Development Agency has over 140 members.

Current State and Trends of the Global ICT Industry
According to the 2017 “Measuring the Information Society Report” by the International Telecommunication Union (ITU), for the first time over half of the world’s population uses the internet. By the end of 2019, internet users will account for 51.2% of the total global population. The three most important trends are:
  1. In developed countries, 80% have access to internet services, and the 50% population threshold is an important milestone in the popularization of the ICT industry.
  2. Mobile applications, such as ultra-high-quality images (8K) and 3D stereoscopic image display, are driving demand for broadband connection. By 2020 mobile data traffic is expected to be 1000 times that of 2010. 2019 is said to be the year of 5G, and the global 5G infrastructure has entered the testing phase, catering to the needs of the entertainment industry, mass IoT communications, and the manufacturing industry.
  3. The Internet of Things (IoT), big data analysis, cloud computing, artificial intelligence (AI), and block chain technologies will give rise to extensive innovation, fundamentally changing enterprises, the government, and society. This is expected to create a digital economy worth US$23 trillion by 2025.
Taiwan’s Strong ICT Industry Key to Success in the New 5G Era
2019 has been hailed as the year of 5G. The United States, European countries, Japan, and South Korea are all actively working to deploy 5G networks. The private research group Markets and Markets forecasts that the market scale will increase from US$700 million in 2020 to US$6.3 billion in 2025, with a compound annual growth rate (CAGR) of 55.4%. Taiwan’s long experience in ICT development and its excellent hardware manufacturing capabilities gives the island a powerful advantage in 5G and IoT development.
* Please see the booklet for relevant reference data.
“Taiwan has achieved the status of a key partner in the global ICT industry. We’re the world’s No. 1 in terms of information hardware output, and by 2019 the total output of our mobile communications industry, including internet equipment and various smart mobile terminal devices, is estimated to be US$50 billion.
- Daniel Tsai, Chairman of Taiwan
Mobile Co., Ltd.
ICT Industry Video
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