section_path: History/Growth of transmission capacity
section_name: Growth of transmission capacity
paragraph_text: Growth of transmission capacity
  
  The effective capacity to exchange information worldwide through two-way telecommunication networks grew from 281 petabytes (PB) of optimally compressed information in 1986 to 471 PB in 1993 to 2.2 exabytes (EB) in 2000 to 65 EB in 2007. This is the informational equivalent of two newspaper pages per person per day in 1986, and six entire newspapers per person per day by 2007. Given this growth, telecommunications play an increasingly important role in the world economy and the global telecommunications industry was about a $4.7 trillion sector in 2012. The service revenue of the global telecommunications industry was estimated to be $1.5 trillion in 2010, corresponding to 2.4% of the world's gross domestic product (GDP).