The region holds a large consumer market. It has more than 650 million population and fast growing wealth to becoming economic superpower. By 2017, combined regional GDP had reached US$2.8 trillion, making it the third largest economy in Asia and sixth largest globally. Economic growth in the region also continues to grow averagely at 5.4%.
Moreover, online retail sector across six key nations is expected to reach US$53 billion in 2023. This growth is supported by the high internet penetration rate, with 58% of the region's population are internet users and the region's internet economy that had reached US$100 billion by 2019.
Our expert team at Market Research Southeast Asia will help clients to seize the extensive opportunities in the regional market across different segment, including digitalisation, digital marketplace and wallet as well as social networking service.We are committed to guide them in anticipating changes of buyers' needs and winning the market competition.