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Digital Economy to Surge 9.5% and Hit $28 Trillion by 2026, Report Predicts

Global digital economy to grow 9.5%, reaching $28 trillion by 2026, per Digital Economy Trends report.

The global digital economy is on track for significant growth, expected to expand by 9.5% in the upcoming year, outpacing overall global economic growth.

This projection stems from the Digital Economy Trends 2026 report recently unveiled by the Digital Cooperation Organisation (DCO) at Riyadh’s Development Finance Conference.

Drawing on data from over 400 stakeholders, including policymakers and technology experts from 26 countries, the report identifies 18 digital economy trends and examines their potential impact on industries, societies, and governments.

It anticipates the global digital economy to hit an estimated $28 trillion by 2026, accounting for 22% of the world’s GDP.

DCO Secretary-General Deemah AlYahya highlighted the transformative pace of the digital economy, urging a collective global effort to ensure that the benefits of technological advancements are inclusive.

The report emphasises that the real test of the digital era will be its ability to bridge opportunity and foster resilience.

Among the trends set to exert a positive socio-economic impact are the Enhancement of Comprehensive Cybersecurity and the emergence of Ambient Intelligence.

The report suggests that, over the next 3-5 years, the integration of emerging technologies will be pivotal:

– Enhancement of Comprehensive Cybersecurity: The prominence of cybersecurity rises with growing cyber threats and risks posed by advancements in artificial intelligence (AI) and quantum computing.

– Ambient Intelligence: With increased connectivity and local AI applications, systems are becoming more seamlessly integrated into daily life, promoting enriched experiences while highlighting the need for strong regulatory frameworks.

– Converging Emerging Technologies: Advances in AI continue to drive innovations in robotics, spatial computing, and biotechnology, posing challenges but also expanding experimental opportunities.

The report forecasts substantial economic benefits as digital technologies expand and global adoption increases.

Key areas of economic potential include:

– Up to $4.14 trillion through the adoption of hybrid technologies.
– Nearly $4.91 trillion from AI-driven workforce transformations.
– About $3.63 trillion from the comprehensive overhaul of digital trade practices.
– Estimated $3.13 trillion tied to cybersecurity enhancements and robust digital infrastructure investment.

The preparedness to embrace these innovations varies across regions and sectors, with the private sector considered the most ready to navigate the impending trends.

Previous editions of the report have offered a structured insight into the progress of the digital economy globally, complemented by the DCO’s Digital Economy Navigator, enabling a detailed view of nations’ digital preparedness.

The DET 2026 report serves as both a guide for focusing digital strategy and investment and a call to action for a unified global response to harness the full potential of the digital economy.