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Southeast Asians continue to take up digital technologies at a breakneck pace, following three years of rapid adoption due to the COVID-19 pandemic, according to a new report.
The e-Conomy SEA 2022 report, jointly compiled by the tech giant Google, Singapore’s Temasek, and the venture capital firm Bain & Company, focuses on Southeast Asia’s six largest and most digitally connected economies: Indonesia, Malaysia, Singapore, Thailand, the Philippines, and Vietnam.
The report describes a pivotal period of growth in these nations’ digital economies, noting that of their 460 million internet users, 100 million – more than 20 percent – came online in the past three years.
The report projects that Southeast Asia’s digital economy is on track to be worth $200 billion in 2022. To illustrate the speed of the shift, this threshold has been crossed three years earlier than was anticipated in the inaugural e-Conomy report…
