The 2016 and 2017 Google-Temasek reports foresaw a $200 billion internet economy in the region by 2025. This year, our research sees such drastic market acceleration that we now expect that number to be closer to $240 billion. Simply put, Southeast Asia’s internet economy hit an inflection point in 2018. Powered by the most engaged mobile internet users in the world, industries like e-Commerce, Online Media, Online Travel, and Ride Hailing grew at an unprecedented rate. Investors have taken notice, pouring record amounts of funds into the region — now it’s time for everyone else to pay attention. Below is a sneak peek at the key figures of Southeast Asia’s internet economy, as well as the full downloadable e-Conomy SEA 2018 report.
Southeast Asia
e-Conomy SEA 2018: Southeast Asia's internet economy hits an inflection point
Rajan Anandan,
Rohit Sipahimalani,
Srikanth Aryasomayajula,
Well Smittinet
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November 2018
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Rajan Anandan
Vice President, South East Asia and India, Google
Rohit Sipahimalani
Chief Investment Strategist; Head, Temasek Southeast Asia
Srikanth Aryasomayajula
Strategy & Insights Manager (Apps, ECommerce & Entertainment), Google