The Digital Transformation Of The Most Dynamic Region In The World (China, Malaysia, India) As A Key Factor In Economic Development Within The Context Of INDUSTRY 5G: Trends, Challenges, And Strategies | [Pakistan Journal of Life and Social Sciences • 2024]

Author(s):

1. Valentyna Voronkova: Zaporizhzhia National University, Zaporizhzhia, Ukraine

2. Vitalina Nikitenko: Zaporizhzhia National University, Zaporizhzhia, Ukraine

3. Yevhen Sobol: Volodymyr Vynnychenko Central Ukrainian State University, Ukraine

4. Roman Oleksenko: Volodymyr Vynnychenko Central Ukrainian State University, Ukraine

5. Yuriy Zelenin: Interregional Academy of Personnel Management,,Ukraine

6. Olena Kravchenko: Hryhorii Skovoroda University in Pereiaslav, Ukraine

7. Lesia Levchenko: Hryhorii Skovoroda University in Pereiaslav, Ukraine

8. Nataliia Yukhymenko: Hryhorii Skovoroda University in Pereiaslav, Ukraine

Abstract:

This article examines the digital transformation accompanying the rapid economic growth in China, Malaysia, and India-three of the most dynamic countries in the world. It explores how this transformation impacts various sectors, including the economy, politics, and technology, particularly within the context of the 5G industry. The study employs the Agile methodology, known for its flexibility and self-organization, to illustrate how these countries adapt to digitalization challenges faced by both government and business communities. Forecasting and modeling techniques are used to elucidate the strategies employed to overcome these challenges. The main drivers of digital transformation in this rapidly developing region include a strong emphasis on technological advancements, artificial intelligence (AI), cybersecurity, biotechnology, and the green and blue economies. These factors present numerous opportunities for digital transformation across all industries, accelerating innovation and boosting productivity. China, Malaysia, and India are setting ambitious goals for their 5G network development strategies to ensure innovative growth, security, and competitiveness. The article also highlights the future prospects for digital transformation in these countries and their potential role in the global digital landscape.

Page(s): 1522-1531

DOI: 10.57239/PJLSS-2024-22.1.00105

Published: Journal: Pakistan Journal of Life and Social Sciences, Volume: 22, Issue: 1, Year: 2024

Keywords:

digital transformation China Malaysia India 5G industry

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