America is often considered the world's leader in innovation, but we may not be as far ahead of the pack as we think. The digital payments space is a perfect example: for years, the U.S. dominated the market, but as digital payments have gained more traction worldwide, emerging markets have adopted products designed in Brazil and China instead of the U.S. This chart explains why, although the U.S. will likely remain a premier innovator on the global stage, there is plenty of innovation happening outside of North America.
