The digital economy (electronic economy) refers to an economy that is based on digital technologies and other electronic related technologies. The digital economy is also sometimes called the Internet Economy, the New Economy, or Web Economy. It involves integrating computer technology in day-to-day human activities.

Various components of a digital economy include:
– Government;
– Policy and regulation;
– Internet – the world wide web (WWW)
– Electricity infrastructure;
– Telecommunication industry;
– Digital service providers;
– E-business (e-commerce industry);
– Information and knowledge management systems (E-learning);
– Intellectual property rights;
– Human capital and knowledge workers;
– Research and development; and emerging technologies.

The principal actors of the digital economy are classified into the following broad fields
– The government
– The digital experts and
– The consumers

The following roles are played by various actors of the digital economy
– The government (Policy and Regulation)
– The digital experts (Creation, development, and innovation of the various digital technologies)
– The consumers (benefits from and pay for digital technology solutions).

The digital economy benefits various actors in the following ways:
– Government (Benefit from taxes and efficient economic systems)
– Businessmen and Digital Experts (Make processes more efficient, improves productivity and profits)
– Students (Consumers) (Facilitate knowledge acquisition and research)
– Individuals (Consumers) (Makes life easier and enjoyable).

The opportunity in digital technology is for everyone
The opportunity is for everyone. It just requires some learning and familiarization of one’s self with the various digital tools and resources. And naturally, when you offer value to other people, they will always pay you for it in one way or the other.