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Southeast Asia's Digital Economy To Triple To $240 Billion By 2025, Says Google Report (techcrunch.com)

An anonymous reader quotes a report from TechCrunch: It may sit in the shade of China and India, but tech has real growth potential in Southeast Asia. Home to a cumulative 650 million people, the region's digital economy is forecast to triple in size and reach $240 billion over the next seven years, according to Google's third "e-Conomy SEA" report. The annual study, which is authored by Google and Singapore sovereign fund Temasek and is arguably the most comprehensive research program for tech in Southeast Asia, has raised its estimation for the size of the digital economy in 2025 from an initial $200 billion after seeing the region reach "an inflection point."

Southeast Asia has 350 million internet users across its six largest countries -- that's more than the entire U.S. population -- and the latest data suggests its internet economy will reach $72 billion this year, up from $50 billion last year and $19.1 billion in 2015. Online travel accounts for the majority of that revenue ($30 billion) ahead of e-commerce ($23 billion), online media ($11 billion) and ride-hailing ($8 billion), and that rough breakdown is likely to be maintained up until 2025, according to the report. Indonesia, the world's fourth largest country by population, is forecast to hit $100 billion by 2025, ahead of Thailand ($43 billion) and Vietnam ($33 billion), with strong growth forecast across the board. Indonesia and Vietnam, in particular, have seen their respective digital economies more than triple since 2015, according to the data.

26 comments

  1. digital logo by alzoron · · Score: 4, Informative

    It's for the company DEC, not for generic "digital" things.

    1. Re:digital logo by Anonymous Coward · · Score: 0

      Lmao I came here for the same reason. I love that the logo failed to scale gracefully in 2018 too. Squished and out of place looking ; ;
      Anyhow I hoped just barely that I'd read the article and discover DIGITAL has quietly existed independently in southeast asia for the past 20 years. :(

    2. Re:digital logo by Anonymous Coward · · Score: 1

      We tell the millennial BeauHD this every time he posts an article with the DEC logo just because the headline includes the word "digital". BeauHD doesn't know about anything that happened before about 2005. It's hopeless. He never learns.

    3. Re:digital logo by Anonymous Coward · · Score: 0

      And the saddest thing is that as bad as he is, he's a million times better than msmash.

    4. Re:digital logo by Anonymous Coward · · Score: 0

      I knew right away that the editor was BeauHD by his signature misuse of the digital logo.

    5. Re:digital logo by Anonymous Coward · · Score: 0

      Pretty sad what happened to DEC when you take into their account of everything they contributed to computing. From flip chip logic cards to mainframe computers. RSX-11, VMS, Ultrix, the list goes on.

    6. Re:digital logo by Gravis+Zero · · Score: 1

      You aren't the first and you won't be the last to point out this fact.

      --
      Anons need not reply. Questions end with a question mark.
    7. Re:digital logo by Virtex · · Score: 1

      It's too bad Slashdot won't retire this graphic to prevent people from using it going forward, given that I haven't seen it used correctly in more than a decade.

      --
      For every post, there is an equal and opposite re-post.
  2. BeauHD misusing Digital icon again by Anonymous Coward · · Score: 0

    The Digital icon isn't for anything that could be considered Digital. It's for Digital Equipment Corporation (DEC), which was bought by Compaq in 1998. The icon would be appropriate for an article about VAX or Alpha systems. Even though DEC has been gone for two decades, there are plenty of other stories for which the DEC logo might be appropriate. There are stories about Commodore and they've been goes even longer. The DEC logo still could be appropriate for some stories. This just isn't one of them. Someone needs to educate BeauHD, because this is embarrassing for a tech site like Slashdot to keep making these mistakes.

    1. Re:BeauHD misusing Digital icon again by Anonymous Coward · · Score: 0

      I came here for this. I thought that DEC was related and was quickly let down.

  3. what is a digital economy? by Anonymous Coward · · Score: 0

    Is this just Google's ad sales forecast in this market?

  4. It goes to show by Anonymous Coward · · Score: 0

    That all you have to do is let communism and socialism die off. They automatically fail and capitalism always takes over for the win.

    It is a waste of time to go to war over it. The left wing ideology just fails.

  5. Exploit report by Anonymous Coward · · Score: 0

    First the zionist plummet the currency of Indonesia, now they're scheming to exploit its population once again.

  6. Perhaps it will be time again to... by 3seas · · Score: 2

    use the stock market to drain it again. re: "trillion dollar bet" of the 90's. google it.

  7. Millennials by Anonymous Coward · · Score: 0

    Confused by DEC logo.

  8. Hope they adopt protectionism by Anonymous Coward · · Score: 0

    Hope they adopt protectionism policies in the digital domain like China from the likes of the vultures and Google.

    1. Re:Hope they adopt protectionism by Anonymous Coward · · Score: 0

      This AC is redpilled.
      Protectionism is the only way to stave off US "free trade".

  9. Re:You people need to STOP BULLYING ME... apk by Anonymous Coward · · Score: 0

    maybe if you posted things that were on topic instead of attacks on regular posters or incoherent ramblings about HOSTS files,

  10. Wow... by Locke2005 · · Score: 2

    That's a LOT of porn!

    --
    I've abandoned my search for truth; now I'm just looking for some useful delusions.
    1. Re:Wow... by zlives · · Score: 1

      yeah once the procedural generation takes hold of artificially created unending porn creation... the end is a near.

  11. IMPERSONATING ME AGAIN? apk by Anonymous Coward · · Score: 0

    gweihir KNOWS u IMPERSONATE me https://it.slashdot.org/commen... c6gunner proves it https://linux.slashdot.org/com... forgetting to SUBMIT BY AC & f'd up using his registered 'lusrname' instead (just because he tried to mock me both BEFORE & after I FAIRLY challenged him to show he's done better work - he had ZERO).

    & NO WAY I'd "cry" like you to "ne'er-do-wells" on /. (TROLL /.ers, not all) OR post on hosts offtopic.

    YOU HELPED ME https://science.slashdot.org/c... (& you quit trying to make me look bad trying to "tell lies" on hosts as "ME" IN YOUR IMPERSONATIONS of me e.g. https://tech.slashdot.org/comm... & regarding Intel speculative execution attack? Hosts DO PREVENT THEM)

    APK

    P.S.=> I KNOW that 2nd to last link above's KILLING YOU that YOU ACTUALLY HELPED ME getting me to see if hosts stop more than portsmash (& Meltdown + Spectre too) & "lo & behold" - hosts WORK on 'em - U LOSE (& U STOPPED TRYING IT in your impersonations of me) .... apk

  12. Blame those impersonating me... apk by Anonymous Coward · · Score: 0

    Wasn't me you replied to: It's an impersonator. I only post on hosts IF they stop threats OR speed you up. I don't off topic.

    HOWEVER: I won't "lay down" to losers that don't do a DAMN THING OF VALUE attacking me 1st. I defend myself w/ facts they can't beat.

    I've got a "psycho fanclub" IMPERSONATING me & spamming + lying about MY work STALKING me by UNIDENTIFIABLE anonymous posts like whackos!

    GOOFS like c6gunner CAUGHT IMPERSONATING ME https://linux.slashdot.org/com...

    (His name's on that post link as SUBMITTER signing "APK" as I do while he ALTERED users words of praise of my work (since he tried INSULTING me & I issued a FAIR CHALLENGE to him that HE SHOW HE CAN DO BETTER - he hasn't to date)).

    gweihir PROVED you IMPERSONATE me https://it.slashdot.org/commen... too!

    ZIP = a BLOWHARD LIAR vs. https://linux.slashdot.org/com...

    APK

    P.S.=> I'm not here to lose (it's for LOSERS like ZIP &/or c6gunner - not I): I'm here to WIN & all do that use hosts files ... apk

  13. Wil RUSSIA finally bcome a capitalism? Putin=Gay. by Anonymous Coward · · Score: 0

    Well Ivan,
    When will russia finally become a capitalism?
    When will putin finally come out of the closet?

    All memes, which poke fun at political figures and leadership are banned in Russia. That means, if you live in Russia, there are no more memes of shirtless Putin riding bears, crackers or woodpeckers.

    There is absolutely no sex education in the schools in Russia. Authorities believe that talks of STDS, condom and pregnancy will corrupt the children.

    If you are black clothing, black makeup and listen to alternative music, chances are that you are breaking the law in Russia. That’s because ‘being emo’ is banned since 2008 in Russia as government seeing it “a dangerous teen trend”.

    Anything that could be construed as gay ‘Propaganda’ is banned in Russia and can get you fine and time in jail. Parades, pamphlets and even flags are seen as methods of spreading a message and government just does not want it around.

    Crossing the line into the world of the absurd is the Russian ban of giving driving license to anyone who identifies as transsexual or transgender. According to the Kremlin these sexual orientations are diseases which can have an adverse effect on one’s ability to operate a car.

    In parts of Russia the popular activity of yoga has been banned. Why? Apyparently local officials feel that yoga promotes the “spread of new religious cults and movements”.

  14. Putin sucked my dick in San Fran in 88' by Anonymous Coward · · Score: 0

    I had AIDS at the time but thankfully it's been cured in the USA since 2002.

    Have you considered what will happen when Internet Research Agency payroll data is leaked? Sure they say they keep no records but of course we realize that this is a lie. There is no way the government would teach you subversive propaganda techniques without recording your identity.

    Foreign intelligence will treat you the same as if you were some sort of super spy. Really.
    I guess that's ok as long as you and your family never leave Russia. If any of your relatives or close contacts travel to a 14 eyes country you can expect that they'll be hassled for knowing you as long as you live. Your children? Your wife? Your mother?
    You have a choice between letting them know what you've done now. Or say let the el Servicio de Vigilancia Aduanera tell them in a 30 day stay down in El Mazmorra. I wonder if your mother would be more impressed that her NEET son apparently had a glorious double life as an intelligence officer or if she'll curse your name for putting her in such a horrible position with no warning.

    Of course that's from a relatively gentle country. I wonder what would happen in a place like Romania? I think most likely in such a place "nothing will happen".

    Have a fantastic day my friend.

  15. digital logo by Anonymous Coward · · Score: 0

    The current owners of the Digital logo, ECR Software Corporation, may not be too pleased with this misappropriation of their trademark:

    http://tsdr.uspto.gov/#caseNumber=4074679&caseSearchType=US_APPLICATION&caseType=DEFAULT&searchType=statusSearch