The top five most digitally mature industry sectors in 2022
According to an international report launched by the World Economic Forum – in partnership with the Singapore Economic Development Board (EDB) – the top five most digitally mature sectors in 2022 are Semiconductors, Electronics, Pharmaceuticals, Energy & Chemicals and Logistics. You can find the full report here. The top four most mature industry groups in 2022 are the same from 2019: Semiconductors, Electronics, Pharmaceuticals and Energy & Chemicals. The middle two traded between the second and third spots from the previous rankings published in November 2019. In spite of their frontrunning positions, the top three industries – predominantly comprising multinational conglomerates – are not shielded from present-day challenges like the ongoing value-chain disruptions, global chip shortage and industrial decarbonization. The Logistics industry group has improved over the past three years to take fifth place. Operations in logistics have changed dramatically as a result of two key considerations. First off, the sector has been motivated to modernize and optimize its operations in order to meet growing demands as a result of the unrivaled rise of online shopping. Second, the rise of e-commerce titans like Amazon, Alibaba, and JD.com has forced conventional logistics firms to become more responsive, adaptable,…