short for: the Internet industry
All the people and companies that serve, support, or develop the Internet. This particular industry includes software companies, hardware companies, networking companies, content companies, ISPs, OSPs, online advertising agencies, dot-com businesses, venture capital firms, technical recruiting agencies, new media consultants, high-tech journalists, telecommunication companies, fiber-optics manufacturers, voice recognition developers, e-mail marketing companies, and thousands of businesses that capitalize on a high-speed network known as the Internet. These businesses are located all over the world, with a heavy concentration in the new economy hotspots. Many are listed on the Nasdaq or the New York Stock Exchange.
NetLingo Classification: Online Business