The U.S. touts its digital dominance-but it lags behind many other countries

The U.S. digital economy accounts for 18% of its total economy, surpassing the global average of 15%. However, the International Data Center Authority's Digital Readiness of Nations Index finds that the U.S. has not achieved the advanced Phase III status of digital economy development, attained by only six smaller nations, including several from Scandinavia and Switzerland. The report suggests that despite the U.S.’s substantial economic resources, improvements in digital infrastructure and governance are needed to elevate its digital economy to the highest global standards.

Currently, only six nations are classified in the advanced Phase III category of digital economy development. This includes small Scandinavian countries and Switzerland, notably leaving out larger economies like the U.S.

The Digital Readiness of Nations Index highlights the United States' significant digital economy potential, yet emphasizes the need for improvement as it ranks lower than expected against its G7 counterparts.

Read at Fast Company