The impact of Information communication and computation technology (ICCT) is increasing day by day among different communities throughout the world for obtaining information related to many issues, problems, and their solutions. The growth of ICCT has revolutionized in many sectors of the society and contributing to solve problems related to basic needs, advanced wants, and anticipated desires of the people. Information communication and computation technology has great essence and impact on every business & society. This study made an attempt to determine the effect of ICCT on various industrial sectors including primary, secondary, and tertiary levels. In this paper, we have identified ICCT as a most important general-purpose technology due to its abilities to solve fundamental need-based problems and advanced wants and desires-based problems of society. The paper also discusses the impact of ICCT on conceptual and predictive developments on some industrial sectors like Agriculture, Textile, Education, and Banking. This review provides documentation to guide future research and facilitate knowledge growth and creation relating to the impacts of ICCT on various business sectors. A major finding of this review based on analysis is that ICCT is valuable to the overall growth of an industry, but the level and scopes are in need of internal and external influence, including corresponding organizational resources of the firm and its transaction partners, as well as the competitive and macro environment