Bermuda
Total report count: 2
Total report count: 2
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Bermuda has a stable political environment. However, state finances are stretched and could be further pressurised by a rapidly-ageing populace. The economy is expected to outperform peers in the short term, supported by solid activity in the financial services sector. Furthermore, the population is also shrinking, but high incomes will support luxury spending. Internet use will be near-universal in 2028 and 5G rollout has been authorised, which could allow the introduction of new technologies.
While Latin America’s digital landscape is less well developed than other regions globally, most measures continue to improve, with Coronavirus (COVID-19) also having served to drive the digital landscape development in 2020. With locked-down consumers working and learning at home, as well as shopping and entertaining themselves a lot more in an online environment, they were increasingly turning to digital solutions during the pandemic.
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