The Economic and Societal Value of Rich Interaction Applications

This report finds for every 10% increase in worldwide usage of Rich Interaction Applications (RIAs)— photo/video sharing, location sharing, payment and chat among individuals, groups and enterprises— global GDP increased by an average of US$ 5.6 trillion. This activity exceeded the economic benefits of telecommunications services in these same countries. The report further predicts that the innovation around new and existing RIAs will continue at breakneck pace, leading to uses we can’t yet imagine, as mobile broadband connections spread worldwide, combined with the decreasing cost of devices.