Three challenges to South-east Asia’s technology ambitions
As the region accelerates its pursuit of high-tech growth strategies, it will confront the structural challenges of capacity, geopolitics and sustainability
Add BT as a preferred source
THE technology ecosystem in South-east Asia is growing at a phenomenal pace. Home to some of the most connected national populations on the planet, the region is poised for a major digital transformation with more than 500 million Internet users.
With this expanding digital economy, data centre growth in South-east Asia is forecast to rise exponentially, with an estimated 15 per cent compound annual growth rate from 2023 to 2030.
Meanwhile, tech giants such as Google, Amazon, Microsoft, Alibaba, ByteDance and Huawei, to name a few, have all set up shop in South-east Asia. The semiconductor design, assembly, testing and packaging industry has been growing steadily across the region.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Middle East-linked energy supply shocks put Asean Power Grid back in focus
JLL Singapore cuts over 20 jobs or 1% of workforce; Knight Frank Singapore also lays off staff
How China’s young workers are securing their future even as AI disrupts job market, triggers pay cuts
DBS CEO Tan Su Shan strikes upbeat tone on deposits, wealth growth after strong Q1
