Abstract

AbstractThis chapter looks at digitalization from a consumer perspective and from a corporate perspective. We start by pointing out how uneven the Internet penetration and the adaption of smartphones still are across the globe. Next, we take a closer look at the substantial differences in e-commerce and proximity mobile payment systems between countries. We argue that these differences are only partially a reflection of the variances in digital infrastructure, but are also a manifestation of profound differences in digital consumer behavior. Turning to corporations, we illustrate the staggering size of some of the key digital players. Subsequently, we discuss the digital divide between China and the rest of the world and take a closer look at important digital players in China. This includes a comparison between Baidu, Alibaba, and Tencent and their US counterparts. The chapter closes with a brief look at the digital landscape in India.KeywordsDigital transformationMoore’s LawInternet of EverythingInternet of ThingsSmartphone penetrationInternet penetrationE-commerceMobile commerceDigital sales platformsMobile payment platformsPoint of sale terminalsNear-field communicationDigital Consumer IndexDigital diversitySingles’ DayFAANGsBATs

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call