- Access to data and the capacity to turn it into actionable insights will be a growing source of economic value. In turn, the growing value of data-based insights will support new business models and services.
- The global internet and access to information is reducing barriers to commerce and international trade. As these barriers erode, opportunities for participation from small and medium sized enterprises (SMEs) and developing countries will increase.
- Competition pressures should grow as global internet access and digital platforms create opportunities for businesses to compete across industries and across countries.
- Businesses can use the internet (i.e., digital platforms) to export goods
- Services can be purchased and consumed online.
- Data collection and analysis can add value to goods exports.
- Global data flows underpin global value chains, creating new opportunities for participation.
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