Yesterday, Google, Temasek, Bain jointly issued [e-ConomySEA2021], that in 2021 the Internet economy reported in Southeast Asia, the report provides a comprehensive and detailed analysis of the development of the Southeast Asian electricity providers, financial services, online travel, takeaway, audio-visual and entertainment industries status quo and not
The report shows that the number of Internet users in Southeast Asia continued to climb, in 2021, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam add 40 million Internet users, bringing the total number reached 440 million, accounting for about 75% of the total population of the six countries.
80% of these users have had online shopping behavior, which bought at least by electronic business platform (website) a product.
Among them, the highest figure in Singapore, 97%; the lowest Philippines, 68%.
It should be noted that these online shopping behavior is not a one-time phenomenon, but will continue to develop.
Data show that people using digital service in 2020, 90% said they would continue to be used in 2021, because their consumption patterns have profoundly affected and changed.
We can say that Southeast Asia is full speed ahead, since the beginning of Covid-19, has added 60 million new digital consumer Internet economy, only in the first half of 2021, there are 20 million people join.
Among them, the end of the first half of 2020-2021, the growth rate of Internet users in Thailand and the Philippines are the highest, 19% and 20%, respectively. Higher than the regional average of 16%.
Economic aspects of the Internet revenues, despite a resilient growth in 2020, but has been revival in 2021 and continues to advance, expected to reach $ 174 billion by the end of 2021, and predicted a breakthrough in 2025, reaching $ 363 billion.
Among them, the figure Indonesian market were $ 70 billion and $ 146 billion; Malaysia US $ 21 billion and $ 35 billion; the Philippines was $ 17 billion and $ 40 billion; Singapore $ 15 billion and $ 27 billion; Thailand $ 30 billion and $ 56 billion; Vietnam was $ 21 billion and $ 57 billion.
Southeast Asia Internet industry segments, the largest e-commerce is still growth momentum and may continue until 2025.
The report predicts that e-commerce revenue in 2021 was $ 120 billion in 2025 is expected to grow to $ 234 billion.
Among them, in 2021, Indonesia’s electricity business revenue is expected to reach US $ 53 billion; the Malaysian market was $ 14 billion; the Philippine market was $ 12 billion; Singapore market was $ 7.1 billion; the Thai market was $ 21 billion; the Vietnam market of 130 One hundred million U.S. dollars. With the number of Internet users continues to grow and national economic recovery and development, is Southeast Asia into the next decade the digital economy, the report predicts that by the end of 2030, the Internet economy of scale in Southeast Asia will reach one trillion US dollars.