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Asia-Pac GDP could add US$387b by 2021 if manufacturing transforms digitally: study

Such shift could lead to better bottom lines from gains in productivity, profit margin increases and cost-reduction

Published Wed, May 2, 2018 · 09:50 PM

Singapore

GROSS domestic product (GDP) in the Asia-Pacific could potentially add another US$387 billion by 2021 and grow by an extra one per cent annually if the region's manufacturing sector embraces digital transformation - with China contributing almost 50 per cent.

This is the case according to a study by Microsoft in partnership with research firm IDC Asia/Pacific, which surveyed 615 business leaders from the manufacturing sector across 15 markets in the region.

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