Additional information reported in lieu of inclusion in the annual report: Consultancies and Queensland Language Services Policy.

UK businesses' engagement in the digital economy including e-commerce sales and purchases, and use of other information and communication technology (ICT).

The gross merchandise value of the digital economy in Singapore saw a decline of 25 percent while emerging markets in Southeast Asia experienced moderate growth in 2020 compared to 2019. It was forecast that the digital economy in Southeast Asia will significantly grow in the coming years.

In 2023, the market value of the digital industry in Thailand amounted to over two trillion Thai baht, which was an increase compared to the previous year. The digital subsectors under these figures include software products, hardware and smart devices, digital services, and digital content. Digital transformation on Thailand’s digital industry Thailand’s digital sector has been greatly impacted by the digital transformation resulting from the rapid digital adoption of businesses. Among the subsectors under Thailand’s digital industry, the digital services sector has shown the greatest expansion in recent years. The shift in consumer demand, since the COVID-19 pandemic and the lockdown that took place between 2020 and 2022, has forced businesses to optimize their operations by transitioning towards digital platforms, such as providing efficient e-transaction systems, switching up their e-retail interface, and focusing more on e-advertisements. Digital in the Thailand 4.0 model The Thailand 4.0 economic model has also contributed to the digital transformation in Thailand, familiarizing consumers and businesses with digital platforms. The economic model aims to create a ‘value-based economy’ through innovation and technology, with a plan to integrate conventional sectors with smart technology. Despite the goal to become an innovative and digitalized society, the forecast of the country’s digital sentiment score shows potential for greater digital penetration in many segments. This poses a challenge for the Thailand 4.0 scheme to be fully utilized but also presents the possibility of introducing new technologies for the conventional business sectors and consumers in Thailand.

This data highlights a challenging period for the market with significant drops in trading value, volume, and market capitalization, contrasted by a positive trend in the growth of trading accounts. In 2021, the equity securities market exhibited notable shifts compared to each quarter.

Spatial autocorrelation report of CCCDEI in YRDCC for 2018–2021.

As of 2023, the United States ranked as the most digitally competitive country in the world. Digital competitiveness rankings aim to analyze a country's ability to adopt digital technologies and implement these technologies within enterprises and government organizations. Denmark, which had topped the ranking in 2022, placed fourth.

United States SBP: RE: Business Practices: Adopted/Expanded Use of Digital Tech data was reported at 26.800 % in 10 Jan 2022. This records an increase from the previous number of 25.300 % for 03 Jan 2022. United States SBP: RE: Business Practices: Adopted/Expanded Use of Digital Tech data is updated weekly, averaging 25.800 % from Nov 2021 (Median) to 10 Jan 2022, with 9 observations. The data reached an all-time high of 28.200 % in 06 Dec 2021 and a record low of 24.000 % in 20 Dec 2021. United States SBP: RE: Business Practices: Adopted/Expanded Use of Digital Tech data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.S035: Small Business Pulse Survey: by Sector: Weekly. Beg Monday (Discontinued).

In 2023, the digital economy contributed 8.4 percent to the gross domestic product (GDP) of the Philippines, or equivalent to about 2.05 trillion Philippine pesos. The GDP share of the digital economy peaked in 2021.

CN: Machinery Production: YoY: ytd: Metal Cutting Machine Tool: Digital Control data was reported at 37.620 % in Nov 2021. This records a decrease from the previous number of 39.300 % for Oct 2021. CN: Machinery Production: YoY: ytd: Metal Cutting Machine Tool: Digital Control data is updated monthly, averaging 1.825 % from Feb 2007 to Nov 2021, with 162 observations. The data reached an all-time high of 68.990 % in Apr 2021 and a record low of -56.090 % in Feb 2020. CN: Machinery Production: YoY: ytd: Metal Cutting Machine Tool: Digital Control data remains active status in CEIC and is reported by China Machinery Industry Federation. The data is categorized under China Premium Database’s Machinery Sector – Table CN.RMA: Machinery Production: Machine Tool and Instrument.

Global Sharing Economy market size was USD 145.22 Billion in 2022. Sharing Economy Industry's Compound Annual Growth Rate will be 32.6% from 2023 to 2030. What is driving the Sharing Economy Market?

The proliferation of advanced digital platforms and devices

In recent years, the sharing economy has changed the way individuals share and conduct transactions in digital areas. The recent technological advancements have enabled transactions to take place on demand, to be precisely measurable in time and thus more scalable, and to be dynamically matched through an online platform. Advanced digital platforms and devices, such as smartphones and high-speed internet, have increased connectivity. This connectivity enables sharing economy platforms to connect providers and consumers effortlessly. People can easily access sharing economy services through mobile apps or websites, facilitating resource and service sharing. Digital platforms provide users with easy access to information about available resources and services. Through sharing economy platforms, individuals can quickly find and compare options, making it convenient to rent or share assets. The availability of detailed listings, photos, reviews, and ratings helps users make informed decisions and build trust in the sharing economy ecosystem. The companies in the sharing economy are growing as a result of profound shifts in consumer behavior. One of the major players in sharing economy is Uber which has in just a few years completely transformed industries and became the largest player in the sharing economy. Uber manages around 157 000 rides globally on an average day. According to Uber, 131 million people used Uber in 2022, an 11% increase by 2021. Moreover, the increasing adoption of smartphones is supporting the growth of the sharing economy. Smartphones provide individuals with constant access to sharing economy platforms, enabling on-the-go booking, real-time communication with service providers, and instant updates. The convenience and mobility offered by smartphones have significantly expanded the reach and usage of sharing economy services. According to the source GSMA Intelligence, smartphones accounted for 68% of total mobile connections in 2020,8 compared to 64% in 2019 and 47% in 2016 across the world. Thus, the increasing usage of smartphones globally led to adopt the digital platforms, which in turn fuels the growth of the sharing economy. Furthermore, the development of advanced digital platforms prioritizes user experience and offers intuitive interfaces by allowing individuals to easily navigate and interact with the platforms. Companies are increasingly expanding their business in the shared mobility industry and developing innovative platforms for users. For instance, Force Motors launched a next-generation shared mobility platform called Urbania. The simplicity and convenience of these platforms make it easy for users to engage in sharing activities, accelerating the growth of the sharing economy market. These technological advancements for the development of cost-effective products have been contributing to driving the growth and adoption of sharing economy services.

Changing consumer preferences fuels the market growth


Rising focus on sustainability and environmental consciousness (Access Detailed Analysis in the Full Report Version)


Substantial growth of the entertainment industry (Access Detailed Analysis in the Full Report Version)

Introduction of Sharing Economy

The sharing economy is an economic model defined as a peer-to-peer (P2P) based activity of providing, acquiring, or sharing access to goods and services that is often facilitated by a community-based online platform. Sharing economy (SE) is a relatively new field of economics, gaining more traction from various industries. It has several applications in materials, transportation, hospitality, and sharing of information and knowledge. SE is related to various economic and environmental aspects such as sustainability, environment-friendly practices, circularity, less production, and more responsible use of resources. Sharing economy helps connect goods and services seekers with their providers using technology. It helps businesses reduce costs and increase efficiency along with environment-friendly choices for consumers. Further, some prominent factors that led to the boost of economy sharing are...

In 2024, spending on digital transformation (DX) is projected to reach 2.5 trillion U.S. dollars. By 2027, global digital transformation spending is forecast to reach 3.9 trillion U.S. dollars. What is digital transformation? Digital transformation refers to the adoption of digital technology to transform business processes and services from non-digital to digital. This encompasses, among others, moving data to the cloud, using technological devices and tools for communication and collaboration, as well as automating processes. What is driving digital transformation? Digital transformation growth is due to several contributing factors. Among these was COVID-19 pandemic, which has increased the digital transformation tempo in organizations around the globe in 2020 considerably. Although the pandemic is over, working from home among organizations globally has not only remained, but also increased, increasing the drive for digital transformation. Other contributing causes include customer demand and the need to be on par with competitors. Overall, utilizing technologies for digital transformation render organizations more agile in responding to changing markets and enhance innovation, thereby making them more resilient.

Canada Import Volume: HS: Television Cameras, Digital Cameras and Video Camera Recorders data was reported at 864.670 Unit th in Dec 2021. This records a decrease from the previous number of 901.635 Unit th for Nov 2021. Canada Import Volume: HS: Television Cameras, Digital Cameras and Video Camera Recorders data is updated monthly, averaging 710.628 Unit th from Jan 2007 (Median) to Dec 2021, with 180 observations. The data reached an all-time high of 3,012.887 Unit th in Sep 2013 and a record low of 266.741 Unit th in Feb 2015. Canada Import Volume: HS: Television Cameras, Digital Cameras and Video Camera Recorders data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.RF007: Imports: Harmonized System 6 Digits.

The size of the Middle East Wireless Services Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 2.62% during the forecast period. The Middle East wireless services industry is booming dramatically, thanks to mounting demands on connectivity, digital transformation, and implementation of smart technologies within all sectors. This sector's growth would significantly be influenced by increasing smartphone penetration and the growth of mobile internet users, with telecoms companies heavily investing in advancing their infrastructure, especially their 4G and 5G networks. States such as the UAE, Saudi Arabia, and Qatar, among many others, are at the vanguard of the shift in technology, seeking to stake their claim in the new digital economy. Boosted government initiatives in the diversification of economies and encouraging innovation in the economy, such as UAE's Vision 2021 and Saudi Arabia's Vision 2030, are prompting industry growth. The initiatives promote smart city projects, IoT applications, as well as cloud services involving significant wireless connectivity. However, the foremost challenges in the sector are regulatory complexity, huge investment requirements in capital, and cybersecurity threats. Simultaneously, competition among service providers is getting harder, compelling companies to be innovative and value-for-money in their offerings. On the whole, the Middle Eastern wireless services sector is headed for healthy growth, advancement in technology, increase in the expectations of the consumers, and a favorable regulatory policy encouraging digital transformation. Recent developments include: In 2021, Zubair Oil Field in Iraq entered the rehabilitation and enhanced re-development phase for the cost of USD 18 billion, and the field has 4.5 billion of proven reserves. The project is aimed to increase the production to the plateau of 700,000 barrels per day., In 2021, Abu Dhabi National Oil Company (ADNOC) announced the development of Hail and Ghasha sour gas fields, and it is intended to produce 1.5 billion cubic feet per day. It is expected to increase the production of gas in Abu Dhabi by 18% and can be a great opportunity for wireline services.. Key drivers for this market are: 4., Increasing Automotive Sales in Saudi Arabia4.; Rising Demand from Heavy Automotives. Potential restraints include: 4., Rising Emphasis on Electric Vehicles. Notable trends are: Offshore to Dominate the Market.

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Kuwait E-Commerce Market Size 2025-2029

The e-commerce market size in Kuwait is forecast to increase by USD 1.9 billion at a CAGR of 14.1% between 2024 and 2029.

The e-commerce market is witnessing significant growth in the US, driven by the increasing use of smartphones and mobile apps for online shopping. The emergence of digital payment methods, such as wallets, has further catalyzed this growth. The trend toward omnichannel retailing is also gaining traction, with consumers expecting seamless shopping experiences across all channels. However, challenges remain, including the need for efficient logistics solutions, particularly for heavy items like furniture and homeware. The rise of counterfeit products on e-commerce platforms is another concern, necessitating stricter measures for product authentication.


In the B2B sector, e-commerce is transforming industries such as construction and manufacturing through digital commerce platforms and the integration of robotics. The PC market, including computers and laptops, continues to be a significant contributor to e-commerce sales. Overall, the market is poised for continued growth, with digital commerce set to redefine the retail landscape.

What will be the Size of the market During the Forecast Period?

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The e-commerce market continues to expand at an unprecedented rate, driven by the increasing popularity of mobile apps, digital payment systems, and social media platforms. With over half of the global population now connected to the internet, the digital economy has become a significant contributor to economic growth. In 2021, online retailing of physical goods reached an all-time high, with desktop PCs and smartphones being the preferred devices for shopping. The integration of 5G networks and the rise of e-commerce startups have further accelerated market growth.


Digital education programs and care products are emerging categories, demonstrating the market's diversity. Electronic signature laws and robotics fulfillment centers streamline transactions and enhance operational efficiency. Overall, the e-commerce market is poised for continued expansion, shaping the future of retail and commerce.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Fashion and apparel
  Consumer electronics
  Toys and kids supplies
  Beauty and personal care
  Others


Type

  B2B
  B2C


Method

  Cash on delivery
  Others


Product Type

  Mobile
  Desktop
  Tablet


Geography

  Kuwait

By Product Insights

The fashion and apparel segment is estimated to witness significant growth during the forecast period. The market witnessed significant growth in 2024, with the fashion and apparel segment-leading in terms of sales volume. E-commerce has become a crucial channel for the fashion industry due to the appeal of discounted prices, making it an attractive proposition for customers. Showrooming, where customers compare prices in physical stores before purchasing online, is a notable trend influencing this segment. Virtual trial rooms, a new trend, enable customers to try products on themselves or people with similar body structures, enhancing the shopping experience. Digital payment systems, social media platforms, mobile applications, and delivery services have facilitated online transactions in various sectors, including e-government projects, digital education programs, hobby & leisure, care products, and retail.
The increasing usage of smartphones, fiber-optic internet, and 5G networks, along with the adoption of retail software, logistics solutions, and payment systems, have further boosted online retailing. The digital economy continues to expand, with e-commerce businesses, online retailing, and social commerce gaining popularity. Consumers' behavior towards online shopping has shifted, leading to an increase in digital transactions and the need for packaging solutions and search engine optimization.

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Market Dynamics

Our Kuwait E-Commerce Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in the adoption of Kuwait E-Commerce Market?

The advantages of e-commerce platforms are the key driver of the market. The market is experiencing substantial growth due to the increasing preference for digital payment systems and the convenience offered by online shopping. Social media platform

The size of the Thailand Data Center market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 21.06% during the forecast period.A data center is an establishment where a number of computing systems and networking equipment are provided to store, process, and transmit information. It provides infrastructure for critical business and organization applications and services. Data centers are very crucial to several industries such as finance, healthcare, technology, and e-commerce, among others.The Thailand data center market is expanding at a rapidly growing rate. This has mainly been driven by increasing digitalization in Thailand, as well as the full-scale adoption of cloud computing services. Digitalization is pushing businesses and organizations in Thailand to go digital and thrive efficiently-creating a rising demand for solid, reliable, and secure data center infrastructure. Facilitated by the digital economy initiative undertaken by the government, introduction of 5G networks and expanding e-commerce, the data center market in Thailand is showing an uptrend.Trends in the Thailand data center market include a rising adoption of modular design data center, growth in energy efficiency and sustainability, and the need for edge computing solutions. Therefore, data centers will continue being key drivers in this country's economy and technological advancement as the pace of digital transformation speeds up. Recent developments include: April 2022: SUPERNAP (Thailand) signs PPA with WHA Utilities & Power to power its hyperscale data center.In line with the company’s policy to help save the planet, reduce global warming and greenhouse effect, the project will also help SUPERNAP (Thailand), and its clients, to reduce electricity costs significantly throughout the system’s life, while offsetting 18,250 tons of CO2 emission to the environment.November 2021: True Internet Data Center Co., Ltd. announced to expand its services both in Thailand and overseas countries. True IDC-East Bangna expansion will be the second building of the total of 4 planned buildings. It will also be equipped with a data center system. With the first phase being completed in 2019, the second phase will be ready for service in 2022. The rest of the expansion will be continued until all of the 4 phases are completed through the total investment of THB 3,000 million.September 2021: ST Telemedia Global Data Centres announced the official opening of STT Bangkok 1, the first carrier-neutral hyperscale data centre in Bangkok built to global standards. It is both hyperscale-ready and carrier-neutral.. Key drivers for this market are: Rise of E-Commerce, Flourishing Startup Culture. Potential restraints include: Slow Penetration Rate in Developing Countries. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

This dataset includes the complete instructor materials for the Rural Digital Entrepreneurship Workshop delivered to Tanana Chiefs Conference (TCC) from November 15-19, 2021. The data set includes PDF files that will allow interested researchers and practitioners, including staff at TCC, to deliver an identical or similar workshop on rural digital entrepreneurship in the future. The workshop included three days of instruction (for which the files are provided), and two days of individualized work with participants as they work on pitching a digital business idea. The materials included here are anonymized, make no reference to participants and can also be imported into learning management systems. The workshop intent was to guide participants towards the development and completion of a business plan for a digital enterprise situated in rural Alaska. Editable versions of the files can be requested from the authors.