Ireland can develop a significant advantage in certain areas of digital technology, according to a major new report published by Forfás today.
The report identifies five key target areas: e-learning, games, business and consumer wireless services, digital libraries, and non-media digital applications.
The report claims digital content is emerging as a significant business opportunity through the convergence of a number of industry areas such as traditional content, media and entertainment, software and multi-media, and hardware and telecommunications areas.
The report highlights that despite growing strongly, the digital content industry is still some distance from maturity.
It identifies that many developments driving digital content are now only beginning, such as the mass market roll-out of broadband networks and take-up of interactive on-line services, and anticipates that the industry will not reach a high-growth phase globally until 2005/2006.