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Payments - the ability to pay digitally, the number of cardholders, and the debit cards in issue Įnterprise software and cloud computing - information and communication technology spend, cloud spend and adoption.īy allocating scores based on these measures and their growth rates, the index can calculate the size of a country’s digital economy and forecast how it will change by 2024. These are the five areas of the digital economy that the FT-Omdia index assesses, using 16 performance measures across 39 countries:Ĭonnectivity - the ability to connect and communicate with digital services, through fixed and mobile broadband connections ĭevices - access to smart devices to consume digital services, including smartphones, notebooks and tablets, and cellular “internet of things” equipment Įntertainment - the availability of digital entertainment services, including video and music streaming services, Facebook, and YouTube And from this data, it can calculate the national technology markets that are growing the fastest overall, as well as the markets offering the greatest scope for growth for particular industry sectors - from smartphones to payment cards, from streaming video to enterprise software.
It uses a range of data sources to measure advances in five areas of digital product and service consumption worldwide. It is to answer questions such as these that the FT-Omdia Digital Economies Index was compiled. Number of countries covered by the inaugural FT-Omdia Digital Economies Index