Spain could increase its GDP by $48.5 billion, an additional 3.6 percent, by 2021, according to a report by Mobile World Capital Barcelona and Accenture Strategy called 'Opportunity of the Digital Economy in Spain: How digitalization can speed up the Spanish economy'.

Europe’s smart lighting market is projected to grow from USD 3.54 billion in 2024 to USD 15.23 billion by 2033, at a compound annual growth rate (CAGR) of 17.58% between 2025 and 2033, according to ResearchAndMarkets.

Japanese conglomerate NEC Corporation has officially announced that NEC Iberica, a wholly-owned subsidiary of NEC Europe Ltd., and Murcia City, Spain, have signed an agreement to develop an "innovation center" in collaboration with the University of Murcia.

SEAT President Luca de Meo and Telefonica's Spanish President Luis Miguel Gilperez have signed an agreement that aims to promote a joint effort to develop innovative initiatives in the automotive industry. The agreement reached, which makes Telefónica a strategic IT supplier to SEAT, is set within the framework of SEAT's strategy to position itself as a benchmark company in connected, digitized mobility solutions.

44% of Telefónica's electricity consumption is already renewable, which is equivalent to the average annual consumption of 203,749 households. This means that the company has doubled its use of renewable electric energy from 21% one year ago. Telefónica is accelerating the fulfillment of its goals to help support the Paris Agreement: to reach 50% renewable energy by 2020 and 100% by 2030, combined with a reduction in energy consumption.

Aiming to develop an advanced technology framework over the next three years, the UAE’s Ministry of Industry and Advanced Technology (MoIAT) and Spain’s Ministry of Science and Innovation (MSI) signed a Memorandum of Understanding (MoU).

A US startup that is developing a supersonic rail transit system which it claims will represent the future of public transportation, has announced that it will construct a research center worth $500m in Spain. Virgin Hyperloop One reached an agreement with Spanish state-owned rail infrastructure firm ADIF after a series of protracted talks.