With digital payment services and streaming platforms experiencing rapid growth during the coronavirus pandemic, governments in emerging markets are looking at introducing digital taxes as a way of expanding state revenue.
The Middle East
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As governments around the world continue to grapple with the economic and health impacts of the coronavirus pandemic, policymakers in emerging markets have been seeking effective ways to support their informal sectors. In response to the growing crisis, the World Economic Forum (WEF) has called for a 'new deal' aimed at protecting informal workers.
From the health sector to finance, education and retail, Covid-19 has sparked widespread digital adoption in Qatar as the threat of infection combined with social distancing measures has transformed consumer demand and business-customer interactions in potentially permanent ways.
Around the world, national and municipal governments have been deploying smart city technology in the fight against the coronavirus, using it to track the spread of the pandemic and support the implementation of medical strategies. As well as demonstrating the value of smart technologies, these new applications are helping shape the future of smart cities.
Online video gaming is one of the fastest-growing sectors in the global tech landscape. With Covid-19 lockdown measures creating a captive audience, an estimated $159.3bn will be spent on games this year, according to a recent report from analytics firm Newzoo – a growth rate of 9.3%. The market is forecast to surpass $200bn by 2023.