Digital Transformation of Market Institutions
Farkhod Ozodovich AbdullaevDepartment of Economics, Urgench State University, Director of the Urgench branch of the Academy of Public Administration under the President of the Republic of Uzbekistan, Urgench, UzbekistanKuvvat Iskandarovich KhamraevDepartment of Economics, Tourism and Economics Faculty, Urgench State University, Urgench city, UzbekistanShargul Ansatbayevna ArzuovaDepartment of Humanities and Social Sciences, Nukus branch of the Tashkent University of Information Technologies, Nukus, UzbekistanAbdumalik Nizomjonovich AbdukayumovDepartment of Theory of Economics, Economics faculty, Tashkent State University of Economics, Tashkent, Uzbekistan
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This article shows how the increasing prevalence of digital technologies into various spheres of human life has necessitated change in a number of institutions. First, it grapples with economic institutions that ensure the functioning of a market economy. In addition, the definition of digital economy, the concept of digital economy, the technological developments specific to digital economy, the share of Information and Communication Technology (ICT) in the gross national product of a country, and the analysis of certain indicators of communication and information are also covered in the article.
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