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30 Nov 2017  |  Asia Pacific  |  Market Research

Future of Artificial Intelligence and its Impact on Australian Jobs, Forecast to 2030

AI Disrupting Labor Ecosystems, Automation to Replace Human Element in Routine and Low-Skilled Jobs by 2030

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Key Issues Addressed

AI market in Australia is currently in a nascent stage. With several new companies and new technologies entering the market it is expected to see accelerated growth from 2020–2030. This study examines the current and future trends in the AI market in Australia. It also examines closely the key technologies aiding the market growth and key competito...

The Association of Southeast Asian Nations (ASEAN) will be the fastest-growing economic bloc, growing at an average real GDP growth rate of 4.4% between 2024 and 2032. This growth will significantly outpace its own 3.3% growth recorded between 2018 and 2023. A young and growing workforce, coupled with rising labor force participation, will anchor p...

The economic growth in the Asia-Pacific region experienced a slowdown due to increasing global trade tensions in the second quarter of 2019. Key economies in the region such as China, India, and Thailand have experienced slower than anticipated growth rates, in line with global economic slowdown. In H2 2019, inflationary pressure in the region rema...

In Q3 2018, regional growth in the Asia-Pacific region remained stagnated at 4.6% with growth expected to remain low during the forecast period. In Australia, GDP growth increased from 2.4% in 2017 to 2.9% in 2018, largely due to increase in business investment and private consumption. Sri Lanka is expected to register 2.9% in Q3 2018, slower than ...

China is entering a decade of macroeconomic transformation, with growth expected to moderate from an average of 5.7% between 2015 and 2025 to 3.7% between 2025 and 2035. This slowdown is being driven by structural factors like population aging, property sector correction, and shifting global trade dynamics. In this scenario, China is accelerating i...

Developed Asia-Pacific economies, such as Japan, South Korea, Taiwan, Australia, and Singapore, are at the forefront of advanced technology and industrial innovation. These countries have strong ambitions to sustain global tech leadership. However, they face strategic pressures from shifting geopolitics, energy-security challenges, and efforts to r...

This study provides an insight into the key mega trends in India that will impact and shape the country’s economy, society, and culture. Understanding these pertinent macroeconomic forces is important to identify the inherent future opportunities and the needs of the customer. For the purpose of this study, mega trends are categorized into urbaniza...

Economies in Asia-Pacific are likely to experience sluggish growth in 2020 on account of the unexpected ramifications of the COVID-19 outbreak. Regional growth is likely to remain stunted in H1 2020 due to the outbreak, but expected to pick up in H2 2020 as the lockdowns and travel bans are expected to be lifted. Key economies like Australia and ...

Following years of subdued growth, the Japanese economy registered a good rebound in 2021, with a real GDP growth of 2.1%. The country’s reopening and the consequent boost to household consumption and consumer spending were key growth drivers of 2022’s estimated 1.1% growth. However, soaring energy and food prices have weighed on Japan’s fiscal hea...