CEO Breakfast Report - Mobile World Congress 2014

Mar 19, 2014 CEO Breakfast Report - Mobile World Congress 2014
undefined

The digital world has substantialy redifened trade, and continues to be one of the key drivers of economic activity across the globe. The digital economy is on pace to reach US$ 4.2 trillion in the G20 states by 2016, which represents more than 5% GDP; in some countries, the digital economy will exceed 10% of GDP. It would rank as one of the world\'s top five economies, behind only the United States, China, Japan and India, and ahead of Germany. With a growth rate of 15%-25%, it is developing significantly faster than the economy as a whole and may be one of the engines to overcome recession.

License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use. The views expressed in this article are those of the author alone and not the World Economic Forum.