Global Information and Communication Sector: Trends of Increasing Agency

E. V. Krasova () and V. A. Sergeev ()

International Trade and Trade Policy, 2026, vol. 12, issue 3

Abstract: The article deals with a relevant today’s phenomenon – the global information and communication sector agency, which is an ability of the sector’s companies to act independently and effectively, to influence economic and political decisions. In recent decades, the world economy reflects signs of a significant increase in the ICT sector’s agency, which largely determines changes in territorial and sectoral global economic structure and relations between global and national actors. The purpose of the study is to substantiate strengthening agency of global leading ICT companies to its historical maximum. The article presents some scientists’ opinions regarding large global ICT companies’ dominance, examines the ICT sector as an industry form of aggregate economic agency. In particular, the article presents stages of the sector’s formation, considers growth dynamics for 2015-2026, segment and territorial structures. The article analyzes levels of competition and market capitalization of the sector and its segments. The agency of leading ICT companies is also assessed based on analysis of their sales, profitability and market capitalization. The main conclusion is about the natural gradual transformation of the ICT sector’s economic agency into a political one, corresponding to the level of market power. The author speaks about need for counter-strengthen the national technological and economic sovereignty of countries in order to balance the market and political forces in the global economy.Â

Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:acl:journl:y:2026:id:935

DOI: 10.21686/2410-7395-2026-3-204-224

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