Delivered December 5, 2019. Contributor: Kathryn H.
Identify trends emerging in 2020 in the digital and technology industries (including e-commerce, connectivity, digital paid media, streaming services, IoT) in order to inform a talk about Costa Rica's future in the digital and technology industries.
Trends among Large Corporations
The San Jose city government plans to transform the city's abandoned buildings into modern office spaces in 2020. Technology giants like Microsoft plan to move into these spaces.
The medical technology sector has been booming in Costa Rica since the 2000s. There are nine times more life science companies in Costa Rica in 2019 than in 2009.
Trends among Startups and SMEs
Costa Rica ranks sixth in Latin America for entrepreneurial activity, so businesses across different technology sectors, like manufacturing, microchips, life sciences, software, and fintech, are flourishing.