What is the technology sector & why is it so important?

The technology sector now includes such a diverse set of companies that the subsectors are far more useful than the overall one. Unsurprisingly, there is no universal agreement—some pundits want a whole new sector for each innovation—but the big buckets include semiconductors, software, networking, Internet, and hardware.

How many industries are in the technology sector?

There are three main industries within the technology sector. These are software and services, semiconductors and semiconductor equipment, and technology hardware and equipment. Each of these areas can be further broken down into sub-industries. is Social Media Part of the Technology Sector? Social media is an industry within the technology sector.

What is a technology sector?

The term technology sector has been broadened many times to include businesses that may be better served by a more specific category. The technology sector was initially anchored in semiconductors, computing hardware, and communications equipment. In addition, growth also includes jobs.