Southeast Asia's Internet economy potential to reach $200B by 2025
May, 25, 2023
Hi-network.com
A new report by Google and Temasek -e-conomy SEA -estimates that the Internet economy of Southeast Asia has the potential of reaching$200 billion by 2025. The growth would primarily be driven by the expanding young population, a lack of big-box retail and a rapidly growing middle class. The report furthermore identifies five challenges that need to be addressed to reach the potential: 1) a lack of technical skills, 2) payment mechanisms, 3) Internet infrastructure, 4) logistics infrastructure, and 5) consumer trust.