Digitalization of The Transport Industry in The Context of Globalization of The World Economy

Department of Finance and Credit, SWSU, Kursk, Russia

^* Corresponding author: t.natusia@yandex.ru

Abstract

Research background: The article reveals the nature and mechanisms of the influence of the digital economy on the development of the transport industry in the world. The prerequisites for researching the problems of digitalization in the transport sector are determined by several factors. Firstly, the use of digital technologies is especially evident in the transport sector. Secondly, it is the efficiency of using the latest technological achievements that determines the competitiveness of transport companies.

Purpose of the article: The aim of the study of this topic is to identify the most significant manifestations of the impact of digitalization on the transport sector, trends and the nature of this impact.

Methods: The methodology of the work is to use the method of scientific abstraction, analysis of facts and observation of the real existing picture, as well as induction and deduction to determine the relationship of concepts in general to individual cases. The authors of the study identified the key components of the digitalization process of the economy, and identified those that have the greatest impact on the transport sector. The article contains an analysis of the existing experience of transport digitalization, the consequences of this process. Also in this article, the authors made their forecast for the further development of transport digitalization processes.

Findings & Value added: The main result of the study was the conclusion that the objective need of the transport industry for new innovative developments is very high. The economic effect, that the introduction of transport sector digital technologies, brings, is obvious and tangible.