Page 87 - SAMENA Trends - May-June 2024

ARTICLE SAMENA TRENDS

ARTICLE

World’s Digital Horizon: Charting the Future of

Technology, Policy, and Business

As we enter the digital era, the global landscape Acknowledging the crucial role of
of technology and telecommunications telecommunications infrastructure, Smart
is undergoing a seismic shift. Driven by countries position themselves as strategic
relentless innovation and a thirst for progress, enablers for digital transformation. With their
this sector is revolutionizing how we live, work, resilient and reliable world-class connectivity
and connect. For instance, Middle East's digital infrastructure, these countries are at the
economy is expected to hit $780bn by 2030 forefront of digital technologies. By investing in
and outpace global growth. advanced connectivity infrastructure, security,

Rajesh Duneja
Partner

Source: The National News magazine, World Bank, Gartner, Bloomberg Intelligence and UBS
Ana Pons-Pelufo
Manager This article explores how Smart countries are and sustainability, Smart countries will provide
flourishing and strategically employ strong its population and businesses with the tools
ecosystems for collaboration, becoming and capabilities necessary to compete.
driving forces for digital transformation.
Their commitment to innovation sustains
A commitment to fostering collaboration the growth of innovative industries, such
between the government, businesses, and as e-commerce, e-health, e-education, and
residents lies at the heart of their success. other high-impact sectors. By digitalizing
This collaborative framework serves as the the existing economic base and building or
foundation for striving digital transformation, attracting new digital and technology players,
setting the stage for innovative solutions that these countries will create an innovative and
benefit the entire society. borderless digital economy which will result in
significant benefits.
Mike Dagher
Senior Business Analyst

87 MAY-JUNE 2024