The rapid spread of fibre broadband connections in emerging markets is set to drive growth in those countries’ digital economies, according to the latest update of the FT-Omdia Digital Economies Index. India, Brazil, Kenya and Mexico are among the countries highlighted by Omdia analysts as experiencing rapid take-up of fibre broadband, which is faster and more reliable than mobile or older copper-wire broadband connections.
The performance measures include the availability of internet connections, smartphones and other devices, spending on streaming and other entertainment, digital payments and corporate spending. This year’s data analysis shows that the ranking of the top 10 biggest digital economies in the world is not predicted to change much over the next four years, with only Brazil moving above Canada to take ninth place.