Digital transformation has become a key factor in modern economic development, radically changing the way businesses operate, the internal structure, and the corporate culture of organizations. It has the greatest impact on international business, where the need to adapt to global competition requires the integration of advanced digital solutions. These technologies enhance operational efficiency, expand the geographical presence of companies, and optimize interactions with customers, partners, and regulators. Digitalization not only affects operational processes but also impacts strategic management, transforming business models and decision-making approaches. However, along with the opportunities, digital transformation comes with a range of serious challenges, from cyber threats and legal heterogeneity to organizational constraints and cultural differences between countries. The aim of the work is to comprehensively study the opportunities and challenges of digital transformation in international business, as well as to develop recommendations for the effective implementation of digital technologies to increase the competitiveness and stability of companies in global markets. For the first time, the article presents a comprehensive analysis of the impact of digital transformation on international business, taking into account global markets and interstate regulation. The key opportunities and risks of digitalization are substantiated, approaches to their classification are developed, and practical recommendations for effective technology implementation are proposed, taking into account the specifics of the international environment. The practical significance lies in a comprehensive analysis of the processes of digital transformation in international business and the identification of key factors influencing the successful implementation of digital technologies. The article offers practical recommendations for executives and managers of global companies aimed at improving business efficiency and sustainability in a rapidly changing digital environment. The research results contribute to the development of strategies and models that allow companies to adapt to the challenges of globalization and digitalization, which ensures their competitive advantages in international markets.
Ivina et al. (Mon,) studied this question.