The Information and communication technology (ICT) industry trade has become the most important industry in the global trade market with the rapid development of technology. ICT trade accounts for 70% of all exports in high income nations. It’s worth noting that growth trends in market share and trade volume of the ICT industry continues to grow globally. By considering the country heterogeneity such as GDP, GNIPC, patented technology, FDI, and the level of national development which will affect the development of ICT industry. In addition, according to the classification of the World Bank, we divide exporting countries into high-, middle-upper-, middle-lower income and lower-income countries. Finally, the paper focuses on the role of specific country, such as U.S., Japan, Korea, China, and Taiwan in ICT industry trade. Using 2010 to 2014 panel dataset of worldwide trade, we employ the PQML gravity model to investigates the evolution of ICT industry exports. Our major findings are as follow: (1) The improvements and utilization of ICT technology is reflected in the competitiveness advantages, and exclusivity effects of each nation’s ICT industry to improve their position in competitive markets. (2) The ICT industry is a highly competitive in high product similarity saturated market that can easily cause developed markets space to retract. (3) The ICT industry export trade of 70% is mainly by high-income countries, with China acting as the primary original equipment manufacturer place for export. It is evident through the perspective of ICT technology and investment that middle-upper income countries have exceptional room for growth and development in terms of ICT industry research and design technology and investment in ICT industries. On the contrary, middle-lower income countries have ICT industry markets at smaller scales resulting in slower technology development due to unwillingness for nations to invest. (4) According to the specific countries as a whole, as for Taiwan and China, the triangular trade model reduce trade costs by means of international trade, which will increase export trade volume of the ICT industry. In South Korea, although it is possesses sufficient research and development along with production capabilities to harness their own original equipment manufacturer factories for production, but still has to work with China under the principle of comparative advantage. The demand-oriented U.S. and Japan have invested heavily in research and development in the ICT industry, in order to reduce trade costs, it is clear that both nations utilize China as their primary base of manufacturing. In summary, it’s shown that China has significant influence on original equipment manufacturer and exports.