Southeast Asia’s internet economy is forecast to reach $1 trillion by 2030, according to a new report by internet giant Alphabet, the Bain & Company consultancy and Singapore state investor Temasek Holdings.
The online sector is expected to grow from an estimated $174 billion in gross merchandise volume (GMV) by the end of 2021 to $360 billion by 2025 and $1 trillion by 2030.
