Search results for: 'asean'

The Association of Southeast Asian Nations (ASEAN) region has been one of the fastest growing digital economies in Asia-Pacific, driven by various government initiatives supporting digitalization. Rapid increase in the use of the Internet and advances in technology have significantly contributed to the growth of a digital economy in the region. How...

13 Sep 2019  |  Asia Pacific  |  Market Research

Air Conditioner Market in ASEAN-6, Forecast to 2023

Increasing Urbanization and Rising Demand for Energy-Efficient Air Conditioners Driving Market Growth

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The air conditioner market in ASEAN-6 countries (comprising Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam) is currently in the growth stage and is expected to expand at a strong CAGR of 7.0% between 2018 and 2023. Increased urbanization and rising awareness about energy-efficient air conditioners is increasing the demand. P...

06 Nov 2015  |  Asia Pacific  |  Market Research

Analysis of the ASEAN and ANZ Sweetener Market

Natural Sweeteners will Take Precedence Over Synthetics

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This research service focuses primarily on the high-intensity sweetener (HIS) market across Australia, New Zealand, and the ASEAN countries of Malaysia, Thailand, Indonesia, Philippines, Singapore, and Vietnam. It provides market data for 2014 with forecasts up to 2020. The study addresses market trends, drivers, and restraints, and offers a perspe...

ASEAN was the third-largest revenue contributor to the AMD market in Asia-Pacific. Despite a strong growth rate of 30.6% in 2017, the market recorded a slower YoY growth of 15.4% in 2018. As one of the fastest-growing digital economies in Asia-Pacific, ASEAN is now a hot spot for targeted cyber espionage, state-sponsored cyberattacks, ransomware or...

16 Jul 2020  |  Asia Pacific  |  Market Outlook

Disruptive COVID-19 Challenging the ASEAN Automotive Market, 2020

Competitive Intensity Optimized by Positive Government Intervention to Accelerate the Growth of Sales and Production Investment in the Automotive Market

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In 2019, the Association of South East Asian Nations (ASEAN) sold a total of 3.5 million units of vehicles. It experienced a market decline of 2.9% year-on-year (YoY). The main reasons include the direct impact of global economic slowdown on automotive sales and the decline in sales due to the election in Indonesia, which is the leader in ASEAN, wi...

The COVID-19 pandemic, the Russo-Ukrainian war, and the Suez Canal crisis have exacerbated existing vulnerabilities in the global supply chain originating from US-China trade tensions, necessitating the building of a more robust and resilient supply chain. While global firms are altering their investment decisions to cushion the blow, the digital p...

19 Mar 2018  |  Asia Pacific  |  Market Research

ASEAN and Taiwan Data Center Services Market, Forecast to 2023

Growth of Hyperscale Cloud Service Providers Driving Uptake of Outsourced Data Centers

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Hyperscale cloud service providers have been key in driving the demand for data center services in the ASEAN and Taiwan (henceforth collectively referred to as “ASEAN”). For instance, some cloud vendors have begun promoting Malaysia as a country with rapid cloud adoption. Earlier in May 2017, Alibaba Cloud unveiled plans to open the first data cent...

24 Feb 2020  |  Asia Pacific  |  Market Research

ASEAN and Taiwan Data Center Services Market, Forecast to 2025

Competition between Data Center Operators is Expected to Intensify Across the Region, Driving Increased Focus on Creating Differentiation, Enhancing Managed Services, Optimized Competitive Strategies and Achieving Relevant Certifications

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With the growing presence of hyperscale cloud service providers, high penetration of Internet connectivity and a keen focus on cybersecurity and data privacy, the demand for data storage and managed hosting services is expected to grow exponentially across the ASEAN and Taiwan region (henceforth collectively referred to as “ASEAN”). In mature data ...

Owing to the growing presence of hyperscale cloud service providers, extensive penetration of Internet connectivity as well as keen focus on cybersecurity and data privacy, the demand for data storage and managed hosting services is expected to grow exponentially across the ASEAN and Taiwan region (henceforth collectively referred to as “ASEAN”). I...