Bìznes Inform (Aug 2023)

Global and Ukrainian High-Tech Markets: Features of Development, Marketing Strategies and Trends in the Context of Rapid Transformation

  • Korsunova Kateryna Yu.

DOI
https://doi.org/10.32983/2222-4459-2023-8-106-113
Journal volume & issue
Vol. 8, no. 547
pp. 106 – 113

Abstract

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In a world where technological advancements shape not only markets but also societies, understanding the nuances of the high-tech industry is crucial for any stakeholder. Whether it’s global giants or emerging ecosystems like Ukraine, the common features are innovation, competition, and the relentless pace of change. Both operate in an environment characterized by stiff competition, rapid innovation, and a complex regulatory landscape. However, their individual growth and marketing strategies differ under the influence of local trends, existing skills, and government policies. McKinsey’s Technology Trends Forecast up to 2023 is a reminder of the acute talent shortage affecting the sector around the world. This adds another layer of complexity, making human capital as valuable as technological innovation. Clearly, both in Ukraine and elsewhere, the ability to attract, retain and develop talent is becoming a crucial factor for success in this sector. The marketing strategies employed in this sector are as complex as the technologies they aim to promote. From the need for thought leadership and content marketing to the benefits of partnerships, each approach has its own set of opportunities and challenges. Companies must constantly update their methods to adapt to new technological trends, as well as take into account the different regulatory and cultural landscapes in which they operate. The high-tech industry will continue to remain a key player in shaping the future economically, socially, and ethically. Policymakers and industry stakeholders must work in tandem to navigate this complex web of opportunities and challenges, keeping local needs and global shifts in mind. The only constant in the high-tech industry is changes, and success belongs to those who know how to adapt, innovate, and grow.

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