Poised for growth: Since the pandemic, Southeast Asia consumers have used smartphones for a range of purposes, including gaming, food delivery, and mobile payments. These market sectors stand to gain as internet usage expands.
- Consulting firm Frost & Sullivan estimates the food delivery gross merchandise value in Southeast Asia will rise to $49.72 billion in 2030 from $15.15 billion in 2021.
- Mobile and desktop/laptop gaming revenues in the region will reach $6.7 billion in 2025, growing at a 7.8% CAGR between 2021 and 2025.
The big takeaway: As Southeast Asia moves toward a more digital-oriented way of life, brands can gain and retain buyers and users by leveraging local knowledge and avoiding blanket solutions that might not work for individual markets.
Go further: For more on our forecast for internet, smartphone, and tablet users in Southeast Asia, read our report.