digitaleconomy
The digital economy refers to an economy that is primarily based on digital technologies and the digitization of information, processes, and services. It encompasses electronic commerce, digital platforms, cloud computing, data analytics, artificial intelligence, the Internet of Things, and other innovations that enable digital delivery of goods and services. Activities span online marketplaces, digital payments, software as a service, digital content, and platform-enabled economies.
Core features include ubiquity of connectivity, rapid data generation and analysis, and network effects that reinforce
Economic significance varies by country but generally contributes a growing share of GDP and employment, especially
Policy considerations focus on infrastructure and connectivity, digital literacy, data governance and privacy, cybersecurity, competition and