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Digital Globalization: The New Era of Global Economies
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Today, the digital form of globalization is revolutionizing how businesses are done across borders. Data flows have been continuously soaring while global flows of trade and finance are flattening. The world has become more intricately connected than ever before. Twenty first century globalization is increasingly defined by flows of data and information.
Allows more emerging countries and smaller enterprises to participate in global trade and investment
Provides businesses with a huge base of potential customers and effective ways to reach them
Brings down the cost of international interaction and transactions
Helps small businesses reach new markets and become micro-multinationals
Digital Globalization Trends
What does the future hold forDigital Globalization?
Top Countries that are Globally Connected
MALAYSIAN INTERNATIONAL CHAMBER OF COMMERCE & INDUSTRY
Under the Patronage of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai
ANNUAL INVESTMENT MEETINGملتقى االستثمار السنوي
World’s Leading FDI Platform
Mapping the Future of FDI: Enriching World Economies through Digital Globalization
8 – 10 April 2019 Dubai, United Arab Emirates
Advantages of Digital Globalization
ArtificialIntelligenceSet to ContributeUSD 15.7 Trillionto Global Economyby 2030
Blockchain
Market Worth to Come Around USD 7.7 Billion by 2024
SmartMobility Global FDI Expected to Reach USD 57.44Billion
Smart Infrastructure Investment toReach USD3.7 Trillion by 2035
EmergingRegions Expected to Reach to Almost230 Companiesin the FortuneGlobal 500
Industry 4.0 Blockchain and BitcoinCryptocurrency
ArtificialIntelligence
E-commercewebsites
Social Mediaplatforms
Singapore Netherlands United States Germany Ireland
United Kingdom France Belgium UnitedArab Emirates
Switzerland
Large MulitinationalsAttain truly global scale with new markets and suppliersNew strategies for products, assets, organization
SMEsUse digital platforms to find customers and suppliers abroad
Startup>80% of tech-based startups are “born global”Foreign customers, financing suppliers from day one
IndividualsNew ways to work, learn and communicate across borders>900M have international connection on social media
Source: Digital Globalization: The New Era of Global Flows by McKinsey Global Institute
