In this article, we are going to take a look at the 25 most technologically advanced countries in the world in 2022. To pass our detailed analysis, you can directly go to the 10 most technologically advanced countries in the world in 2022.
Technology has improved every aspect of human life and raised the standard of living across the world. From household appliances allowing us to be more efficient in taking care of our homes, to the internet allowing us to access the world’s data from the comfort of our homes, technology is intrinsic to human development. The world today is utterly unrecognizable from just a decade ago, with major technological advancements whose scope and potential benefits cannot even be quantified today. Breakthroughs have been made in several areas, including augmented reality, blockchain, 3D printing, and artificial intelligence, with many companies leading the way.
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Artificial intelligence seems to be the next big thing in the world, and Amazon Web Services, owned by Amazon.com, Inc. (NASDAQ:AMZN) appears to be leading the charge here, while International Business Machines Corporation (NYSE:IBM) and C3.ai, Inc. (NYSE:AI) are also among the major players. In 2021, more than $93 billion was spent by private equity firms in the artificial intelligence sector, according to Stanford’s AI Index report, while PwC estimated that the global AI market will be worth over $15 trillion by 2030. made in this field, such as artificial intelligence beginning to learn jokes, create art, and write essays. It can even reduce streaming costs by compressing video more efficiently. However, perhaps the most important segment of the AI industry is self-driving, which is believed to be one of the main components of the giant automobile industry, with companies such as Tesla , Inc. (NASDAQ:TSLA) and Waymo leading the way in this regard.
We have chosen and ranked the most technologically advanced countries using data from the Global Digital Competitiveness Report and the World Intellectual Property Organization’s Innovation Rankings, because technology drives innovation. Additionally, we also considered the total number of patents granted to each country in 2021.
25.Luxembourg
Ranking according to the World Digital Competitiveness Report: 30
Ranking based on the most innovative countries in the world: 19
Total number of patents granted in 2021: 2,219
Ranked among the best countries in Europe in terms of digital connectivity, the technological environment in Luxembourg is excellent.
24. Spain
Ranking according to the World Digital Competitiveness Report: 28
Ranking based on the most innovative countries in the world: 29
Total number of patents granted in 2021: 5,380
Spain has seen its tech industry grow significantly over the decades and is home to many tech parks, centers and universities that foster innovation.
23. Italy
Ranking according to the World Digital Competitiveness Report: 39
Ranking based on the most innovative countries in the world: 28
Total number of patents granted in 2021: 23,146
The Italian government has created a technology foundation to invest in innovative technologies and create more jobs.
22. Ireland
Ranking according to the World Digital Competitiveness Report: 24
Ranking based on the most innovative countries in the world: 23
Total number of patents granted in 2021: 3,968
Ireland changed its tax rules, which prompted many large companies to move their headquarters to Ireland, which greatly boosted the country’s economy and encouraged foreign investment.
21. Belgium
Ranking according to the World Digital Competitiveness Report: 23
Ranking based on the most innovative countries in the world: 26
Total number of patents granted in 2021: 8,177
Some of Belgium’s major technological advances include smart grid technology and energy efficiency.
20. Norway
Ranking according to the World Digital Competitiveness Report: 12
Ranking based on the most innovative countries in the world: 22
Total number of patents granted in 2021: 4,024
Norway’s vast wealth comes from its oil reserves, which it has invested to ensure that the country is among the world’s leading technologically advanced nations.
19. Australia
Ranking according to the World Digital Competitiveness Report: 14
Ranking based on the most innovative countries in the world: 25
Total number of patents granted in 2021: 6,354
More than half of Australian businesses reported being active in innovation, while Australian government R&D spending topped $3.6 billion in 2020-21.
18.Hong Kong
Ranking according to the World Digital Competitiveness Report: 9
Ranking based on the most innovative countries in the world: 14
Total number of patents granted in 2021: 2,030
Hong Kong has been seen as a global hub for technological advancements and has achieved particular success in the fintech industry.
17. Austria
Ranking according to the World Digital Competitiveness Report: 18
Ranking based on the most innovative countries in the world: 17
Total number of patents granted in 2021: 8,747
Austrian machine manufacturers have developed advanced technology to make their products more attractive.
16. Israel
Ranking according to the World Digital Competitiveness Report: 15
Ranking based on the most innovative countries in the world: 16
Total number of patents granted in 2021: 9,032
It is undeniable that Israel is one of the most technologically advanced countries in the world.
15. Japan
Ranking according to the World Digital Competitiveness Report: 29
Ranking based on the most innovative countries in the world: 13
Total number of patents granted in 2021: 278,117
Japan and technology go hand in hand, with the country perhaps best known for its advancements in artificial intelligence and robotics, which have led to improved productivity.
14.Canada
Ranking according to the World Digital Competitiveness Report: 10
Ranking based on the most innovative countries in the world: 15
Total number of patents granted in 2021: 13,610
Some of the biggest tech hubs in the world are located in Canada, which attracts foreign investment from some of the biggest tech companies in the world. Canada also has an immigration policy in place to attract the best skilled workers from around the world.
13.France
Ranking according to the World Digital Competitiveness Report: 22
Ranking based on the most innovative countries in the world: 12
Total number of patents granted in 2021: 49,115
France is one of Europe’s largest economies and aims to maintain its reputation as one of Europe’s leading nations by focusing on the tech industry, which is geared towards strong growth through fund investments venture capital, highly skilled young professionals and a strong start-up scene.
12. Singapore
Ranking according to the World Digital Competitiveness Report: 4
Ranking based on the most innovative countries in the world: 7
Total number of patents granted in 2021: 4,032
Singapore is rapidly becoming a digital hub of the world with major tech companies and banks establishing their operations in the country. Singapore is also one of the richest countries in the world on the basis of GNI per capita.
11. Finland
Ranking according to the World Digital Competitiveness Report: 7
Ranking based on the most innovative countries in the world: 9
Total number of patents granted in 2021: 7,575
Scandinavian nations have a strong presence in our list. Finland is expected to experience stratospheric growth in the tech sector despite a population of just over 5.5 million. Among the technological contributions made by the company are wind turbines, web browser, first heart rate monitor, Nokia phones and 5G technology.
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Disclosure: none. 25 Most Technologically Advanced Countries in the World in 2022 originally posted on Insider Monkey.
