This industry comprises establishments known as Internet Service Providers (ISPs). Establishments in this industry provide clients with access to the Internet and generally provide related services such as web hosting, web page designing, and hardware or software consulting related to Internet connectivity. Establishments in this industry may provide local, regional, or national coverage for clients or provide backbone services (except telecommunications carriers) for other Internet service providers. Internet service providers have the equipment and telecommunication network access required for a point-of-presence on the Internet.
Broad technology
Demand for new technologies are being met at a rapid rate as more consumers are becoming Internet savvy. However, the high costs of traditional expansion are being shunned by even the major players in this highly concentrated environment, in favour of researching cost effective and competition driven means. This industry is definitely growing as it is becoming ever more globalized in a low volatile climate.
