The Digital Value Tracker, built by Arthur D. Little, shows that the digital ecosystem is growing faster than the global economy. The digital industry is pursuing a robust growth path globally, but there are significant discrepancies between regions and segments. Europe falls in the losing category, but it is not too late to change gears and put this region back on track. The five key findings of the analysis are: 1) the digital ecosystem is growing faster than the global economy; 2) not all segments of the digital ecosystem have grown since 2007; 3) internet and software drive more value; 4) North America and Asia are diversified and growing fast, while Europe has stayed flat; and 5) telecom operators are Europe's digital champions but have delivered flat revenues compared to the rest of the world.