Forrester’s Global Digital Economy Forecast, 2023-2028 report, released on August 19, projects the digital economy to swell to USD16.5tr, capturing 17% of global GDP by 2028. The U.S. and China are poised to drive nearly two-thirds of this growth, with the digital economy expected to experience a 6.9% Compound Annual Growth Rate (CAGR) over the next five years. Key growth sectors include online retail and travel, projected to grow at CAGRs of 9% and 7%, respectively. The report underscores the significant role of digitally-enabled platforms in new-value creation, highlighting substantial tech investment in regions like South Korea and lagging digital spending in Europe. The top digital economies are identified as the US, China, the UK, Japan, Germany, and South Korea.