Amid inflationary pressures and an uncertain global economic outlook, Southeast Asia’s (SEA) Digital economy has continued to remain resilient, achieving double-digit growth across gross merchandise value, revenue, and profit.
Companies surveyed by researchers – within six SEA markets of Singapore, Vietnam, the Philippines, Indonesia, Malaysia, and Thailand – observe enhanced profitability in core market sectors like e-commerce, travel, transport and food, and online media.
Google, Temasek, and Bain’s e-Conomy SEA Report 2024 offers a comprehensive dive into the trends, challenges, and suggests actionable insights for businesses to capitalise on the immense potential of SEA's digital economy and achieve growth. Get insights like:
- The state of the funding landscape in Southeast Asia: Investors are looking for novel ideas to spur the next wave of deal activities in Southeast Asia both within tech and adjacent sectors. Uncover where their attention is focused on.
- How SEA is rising to meet demand for AI infrastructure: The region is attracting significant AI investment, with over US$30B committed to AI infrastructure in the first half of 2024 alone. How can your company get in on this shift?
- Where the growth sectors in SEA’s digital economy reside: SEA developers are capturing a growing share of the global mobile gaming market. But that’s not the only sector — find out which other sectors are showing promising signs of growth.
Also, check out EDB’s AI in Singapore page to learn more about our efforts to spearhead growth in this rising sector.
