2. Outline
Digital Economy
Some Examples of Digital of Economy
Importance of the Digital Economy
Advantages of Digital Economy
The Digital Economy’s Drawbacks
Impacts of the Digital Economy
around the world
The future of the Digital Economy
3. Digital Economy
Worldwide
Network Of
Economic
Activities.
• Enabled By Information And
Communications Technologies
• Commercial Transactions And
Professional Interactions.
4. Examples of Digital of
Economy
Netflix
Netflix is a streaming
service that offers its
users a wide range of
TV shows, movies,
and documentaries
over the internet. The
company started out
as a DVD rental
service but soon
switched to streaming
when it realized the
potential of the
Uber
Uber is a ride-hailing
service that allows
its users to book a
ride with the tap of a
button. The
company uses
technology to
connect riders with
drivers. Uber was
founded in 2009 and
is available in 71
5. Importance of the Digital
Economy
Created New Business Models, New
Products And Services
New Ways Of Doing Businesses.
Created A Global Marketplace For
Businesses And Services.
Fast Pace: (The Digital Economy Is
Moving At A Fast Growing Due To
Continuous Innovation).
6.
7. Advantages of Digital
Economy
Makes It Possible For Companies To
Reach New Markets And Customers.
The Digital Economy Is Not Limited By
Geographic Borders.
The Digital Economy Is Available 24/7.
Greater Transparency - (They Can
Now Use Technology To Share
Information With Their Customers.)
8. Advantages of Digital
Economy
Better
Communication -
(social media,
email, and SMS)
Proximity-(Direct
customer support
channels)
• Faster Transactions- (This is not limited to
businesses, but also extends to
individuals, who can now transfer money
online.)
9. The Digital Economy’s
Drawbacks
Digital divide - (This is the difference
between those who have access to
technology and those who do not.)
Potential environmental impact -
(Increased the amount of E-waste and
its large carbon footprint.)
Unemployment – (Led to job losses in
some sectors as companies replace
human workers with technology)
10. The Digital Economy’s
Drawbacks
• Cybercrime
(Use
technology to
commit crimes
like identity
theft, fraud, and
money
laundering)
• Data security
(There is a risk that that data will be
leaked or stolen.)
11. Impacts of the Digital
Economy around the world
Leads to innovation-(allows companies
to experiment with new ideas and
technologies to develop, market, and sell
their products and services)
Make world like global village.(24/7)
Improves efficiency- (they have access
to better tools and technologies to
achieve better results.)
Introduced the remotely working systems
Increase the GDP of Global world
12. The future of the Digital Economy
Based On ICT.
Now, Rapid
spread of ICT
introduced the
development of
new types of
products and
services.
Today Represents
16% Of The
Global GDP.
Take More Weight
In The Future As
compare to other
technologies.