We can’t deny that this is the age for the digital economy to thrive. With more and more businesses going online, different types of products and services become easier to reach customers in the most effective ways. For that, Facebook has done the research and discovered Asia as the region to have the most growth potential in the digital economy industry.
According to a report, by 2040, Asia might be accounted for more than half of the global GDP. In addition to that, the report also foresees a 60 percent of goods will be traded by Asian economies that could shift globalisation towards regionalisation. It is also said that 71 percent of Asian investment in start-ups will be intraregional, and 74 percent of Asian travellers are more likely to travel within the region (yes, we Asians like to travel to Asian countries).
Other than that, Facebook also recognized an increase of businesses running on its messaging platforms like Messenger and WhatsApp. These days, it is easy for us to contact a seller regarding a product or a service just by picking up our phones and text. That seamless online business experience is one of the reasons why the digital economy is rising. Also, there is a survey shows that Asian countries like Thailand and Vietnam have a higher rate of adopting conversational commerce compared to countries like the United States and Brazil.
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