CHAPTER 1

Introduction

Digital Economy

The free movement of people between countries has been greatly restricted after the outbreak of the coronavirus disease (COVID-19). In the face of the slowdown of the gross domestic product (GDP) growth in various countries, what will be the biggest increment in the world in the future?

It is the digital economy. According to Statista, digital transformation (DX) spending is expected to reach $1.8 trillion by 2022. By 2025, global digital transformation spending is expected to reach $2.8 trillion.1

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Spending on digital transformation technologies and services worldwide from 2017 to 2025 (in trillion U.S. dollars) ...

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