Chambers compared the U.S. to the Middle East, which he said is striving ahead in its digital agenda, with countries such as the UAE and Saudi Arabia rethinking how they approach the market.
"(They are) using this digital world to bring not only jobs to their country but to bring the opportunity to increase dramatically the middle class and role models throughout the Middle East."
This transformation is bringing the region closer to achieving peace than it has been in two decades, according to Chambers, as society is brought into a greater equilibrium.
He also praised the governments of India and France for their efforts in driving the digital agenda.
"I think it can completely transform everything. Great economic growth $19 trillion over the next decade, that's one to three points on ever country's GDP. But it can also change the lives, in an inclusive way, of every citizen in key countries," he said.
"Every country in the world will go digital, every city, every company. It will be a period of tremendous opportunity to leapfrog your counterparts around the world or, if you don't move, a chance to get left behind."