Digital Technologies Will Soon Add $1 Trillion-Plus To Global Economy

The increased use of digital technologies could add $1.36 trillion to total global economic output in 2020, according to a recent study by Accenture and Oxford Economics. This may be only a fraction of a percent of the total global gross world product (currently sized at about $87 trillion), but it's a substantial contribution to growth. To put it in perspective, moving forward full-force with digital would add an economy the size of South Korea to the global market (current GDP at $1.3 trillion).