In 2024, the internet economy size across Southeast Asia was valued at approximately *** billion U.S. dollars in gross merchandise value (GMV). This was forecasted to grow in 2025, with the internet economy's GMV expected to reach *** billion U.S. dollars. The internet economy encompasses segments such as e-commerce, online ride hailing and food delivery, online travel, and online media.
The gross merchandise value of the digital economy in Singapore saw a decline of ** percent while emerging markets in Southeast Asia experienced moderate growth in 2020 compared to 2019. It was forecast that the digital economy in Southeast Asia will significantly grow in the coming years.
In 2019, the internet economy as a share of the gross domestic product (GDP) in Southeast Asia amounted to *** percent. It was forecasted for 2025 that the internet economy as a share of the GDP in Southeast Asia will increase to *** percent.
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The Southeast Asia (SEA) digital transformation market is experiencing robust growth, fueled by increasing digital literacy, rising smartphone penetration, and government initiatives promoting digital economies. The market, valued at $53.96 million in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 19.51% from 2025 to 2033. Key drivers include the burgeoning e-commerce sector, the adoption of cloud computing and big data analytics across various industries, and the growing need for enhanced cybersecurity measures. The manufacturing, oil & gas, and retail & e-commerce sectors are leading adopters, leveraging digital technologies to optimize operations, enhance customer experiences, and gain a competitive edge. Specific technologies like AI, IoT, and blockchain are rapidly gaining traction, enabling predictive maintenance, supply chain optimization, and improved fraud detection. While data privacy concerns and a skills gap in digital expertise pose challenges, the overall market outlook remains optimistic, with significant potential for further expansion across various segments. The rapid adoption of extended reality (XR) technologies for training and immersive experiences, coupled with the growth of industrial robotics in manufacturing and logistics, further contributes to market expansion. Cloud and edge computing solutions are becoming integral to digital transformation strategies, enabling scalability and real-time data processing. The increasing adoption of additive manufacturing (3D printing) across various industries is also contributing to market growth. Growth is geographically dispersed, with significant contributions from countries like Indonesia, Vietnam, Thailand, and Singapore, reflecting varying levels of digital maturity and government support. Major players like Accenture, Google, IBM, and Microsoft are actively competing in this dynamic market, offering a range of solutions and services to support the digital transformation journeys of businesses across SEA. Future growth will be shaped by the successful integration of emerging technologies and the continued investment in digital infrastructure. Recent developments include: July 2024: The Monetary Authority of Singapore (MAS) has pledged an extra SGD 100 million (USD 134.3 million) to bolster financial institutions' expertise in quantum and artificial intelligence (AI) technologies. This funding, part of the Financial Sector Technology and Innovation Grant Scheme (FTSI 3.0), will specifically cover both manpower expenses and technology solutions in these cutting-edge fields. MAS anticipates that this injection will enhance innovation in quantum and AI within the financial sector and accelerate their adoption., May 2024: Microsoft unveiled plans to inject a substantial USD 2.2 billion into Malaysia over the next four years, marking its most extensive commitment to the nation over its 32-year history. The investment encompasses several key initiatives: constructing cloud and AI infrastructure, providing AI training for 200,000 Malaysians, deepening collaborations with the Malaysian government to set up a national AI Center of Excellence, bolstering cybersecurity, and nurturing the local developer community.. Key drivers for this market are: Increase in the Adoption of Big Data Analytics and Other Technologies to Drive the Market, The Rapid Proliferation of Mobile Devices and Apps. Potential restraints include: Increase in the Adoption of Big Data Analytics and Other Technologies to Drive the Market, The Rapid Proliferation of Mobile Devices and Apps. Notable trends are: Increase in the Adoption of Big Data Analytics and Other Technologies to Drive the Market.
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This dataset provides values for GDP ANNUAL GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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The average for 2025 based on 11 countries was 3.67 percent. The highest value was in India: 6.2 percent and the lowest value was in Thailand: 1.8 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.
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Ireland - Sea transport of goods was 49775.00 Thousand tonnes in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Ireland - Sea transport of goods - last updated from the EUROSTAT on June of 2025. Historically, Ireland - Sea transport of goods reached a record high of 55120.00 Thousand tonnes in December of 2018 and a record low of 41829.00 Thousand tonnes in December of 2009.
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United States No. of Flights: SEA Terminal: South Satellite data was reported at 38.000 Unit in 16 May 2025. This records a decrease from the previous number of 43.000 Unit for 15 May 2025. United States No. of Flights: SEA Terminal: South Satellite data is updated daily, averaging 31.000 Unit from May 2008 (Median) to 16 May 2025, with 6219 observations. The data reached an all-time high of 48.000 Unit in 19 Apr 2025 and a record low of 0.000 Unit in 08 May 2018. United States No. of Flights: SEA Terminal: South Satellite data remains active status in CEIC and is reported by U.S. Customs and Border Protection. The data is categorized under Global Database’s United States – Table US.TA: Airport Statistics: Number of Flights: by Airport. [COVID-19-IMPACT]
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This dataset provides values for MANUFACTURING PMI reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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As per Cognitive Market Research's latest published report, The Southeast Asia IT Managed Services Market size was $9,908.40 Million in 2016 and it is forecasted to reach $37,415.53 Million by 2030. What are the factors affecting IT Managed Services Market Growth?
Increased Digitalization in Southeast Asian Countries
The increasing use of communication infrastructures in countries of Southeast Asia and the increased facilitates and new services, products and applications has led to an increased demand for the IT managed services, across the world.
The IT-managed services, has the benefit of offering several opportunities for enhanced growth, productivity of several services and industries. The digital transformation is expected to support several industries, and helps in improving the governance, it also improves the quality and coverage of public services, and expand creation of content.
The IT managed services, also enable the small medium enterprises, to benefit from access to global markets and enable consumers to benefit from a greater diversity and choice of products and lower prices. These factors, contributes for the growth of the IT-managed services market in Southeast Asia.
Southeast Asia is one of the dynamic economic regions of the world, with an average growth of 5.1% per year from 2011 to 2015. The countries of the Association of Southeast Asian Nations (ASEAN) have identified the fostering opportunities for small and medium-sized enterprises (SMEs) as a key policy objective, and have expressed further a sense of urgency to achieve digital inclusion across the region.
Countries in SEA are at different stages of economic development, but all are experiencing rapid changes in their digital economies. The increased digitalization, has led to an increased adoption of the IT managed services, which contributes for the growth of the market.
Restrains of the Southeast Asia IT Managed Services Market
Lack of IT skilled professionals and High Costs of services.(Access Detailed Analysis in the Full Report Version)
Opportunities of the Southeast Asia IT Managed Services Market
Growth in Southeast Asia Market.(Access Detailed Analysis in the Full Report Version)
Definition of IT Managed Services
IT managed services involves management of IT solutions and outsourcing it to clients that optimizes and transform business of any organization with adoption of modern technologies. The IT manages services includes networks and servers, software and technology infrastructures, data backup systems, and overall network security and risk management. The services include Network testing and monitoring. Overseeing network security & risk mitigation, Connectivity and bandwidth, providing data storage, managing installations and upgrades, Suggesting and implementing software patches, providing web hosting, Network provisioning or virtualization, Performance monitoring and reporting, providing help desk technical support.
The IT managed services used to optimize operation reduce expenditure cost, expertise in business operations, reduced risk, accurate pricing management, high-security in the operation. Many large and medium scale enterprises use IT managed services. The modern technologies and skills of organization assists I in optimizing their business operation through security, IT maintenance services in the market that helps in increasing efficiency of business process.
There is higher demand for IT managed services in the South East Asia region due to increased adoption of cloud computing, AI, IoT adoption in the IT managed services to further bring optimization in the business process. The South East Asia Multinational organizations such as Google, Amazon, Microsoft and Equinix have preferred relocating data centers within Southeast Asia. The demand for cloud-based services, IoT big data analytics increased construction of data centers within South East Asia regions. These regions have data center relocation contains IT infrastructure, server market and uninterruptible power supplies.
This increasing adoption and presence of data center for IT manages services across globe increased its demand and boost growth of IT manages services in the market.
With the growing digitalization, organization face many challenges in growth of bus...
Sectoral Vision and Aims: Ensuring food security, producing comparative and competitive agricultural commodities, developing clean, safe and sustainable agriculture and shift gradually to the modernization of a resilient and productive agriculture economy linking with rural development contributing to the national economic basis€
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Indonesia Passenger Movement: by Sea data was reported at 1,945,630.000 Person in Mar 2025. This records an increase from the previous number of 1,801,455.000 Person for Feb 2025. Indonesia Passenger Movement: by Sea data is updated monthly, averaging 520,307.000 Person from Dec 2015 (Median) to Mar 2025, with 108 observations. The data reached an all-time high of 2,588,496.000 Person in Jan 2024 and a record low of 19.000 Person in Apr 2018. Indonesia Passenger Movement: by Sea data remains active status in CEIC and is reported by Indonesian Transportation Information System and Transportation Facilities. The data is categorized under Indonesia Premium Database’s Transport and Telecommunication Sector – Table ID.TA002: Passenger and Vehicle Movement: Monthly.
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Exports Nowcast: YoY: Contribution: Sea Transport: Port Calls: Departures: Japan data was reported at 2.636 % in 12 May 2025. This records a decrease from the previous number of 2.669 % for 05 May 2025. Exports Nowcast: YoY: Contribution: Sea Transport: Port Calls: Departures: Japan data is updated weekly, averaging 0.007 % from Mar 2020 (Median) to 12 May 2025, with 271 observations. The data reached an all-time high of 2.669 % in 05 May 2025 and a record low of 0.000 % in 10 Mar 2025. Exports Nowcast: YoY: Contribution: Sea Transport: Port Calls: Departures: Japan data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Japan – Table JP.CEIC.NC: CEIC Nowcast: Exports.
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The Maritime Internet of Things (MIoT) market is revolutionizing the shipping and maritime industry by integrating advanced digital technologies, network connectivity, and data analytics to enhance operational efficiency and safety at sea. As vessels become smarter through interconnected devices, the MIoT enables re
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The relatively young Marine Services industry in China has grown alongside China's booming marine economy. Industry revenue is expected to increase at an annualized 7.6% over the five years through 2025, to total $884.2 million. This trend includes expected growth of 7.7% in 2025. The industry profit margin is expected to be 8.8% in 2025.China's marine economy accounted for 7.8% of the national economy in 2024. The marine economy's importance is anticipated to grow further, bringing more businesses to the industry. Approximately 347 marine services enterprises operate in the industry, employing 9,474 people in 2025. Over 90% of marine services providers operate with annual revenue of less than $1.0 million. The top four companies, Guangzhou Marine Geological Survey, Qingdao Institute of Marine Geology, Yantai Shunda Ocean Engineering Service Co., Ltd. and National Marine Environmental Forecasting Center, jointly account for an estimated 23.3% of industry revenue in 2025, which indicates a low concentration level.Foreign ownership in the industry mainly occurs through joint ventures with domestic enterprises. These joint ventures combine the local backgrounds of domestic firms with the technological strength of foreign investors. In 2025, foreign-investment firms (including firms from Hong Kong, Taiwan and Macau) are estimated to account for 3.4% of enterprises, but generate 14.8% of industry revenue.Industry revenue is forecast to grow at an annualized 4.0% over the five years through 2030, to reach $1.1 billion. Growing investment in marine engineering construction and marine pollution control programs will largely drive this growth. Governments, enterprises and research institutes are also projected to invest more in research and development for marine services over the period.
In 2024, the real gross domestic product (GDP) in Vietnam grew by approximately **** percent, marking the highest growth rate in Southeast Asia. In comparison, Myanmar's real GDP growth rate dropped by **** percent. Southeast Asia, a tapestry of economic and cultural complexity Historically a critical component of global trade, Southeast Asia is a diverse region with heterogeneous economies. The region comprises ** countries in total. While Singapore is a highly developed country economy and Brunei has a relatively high GDP per capita, the rest of the Southeast Asian countries are characterized by lower GDPs per capita and have yet to overcome the middle-income trap. Malaysia is one of these countries, having reached the middle-income level for many decades but yet to grow incomes proportionally to its economic development. Nevertheless, Southeast Asia’s young population will further drive economic growth across the region’s markets. ASEAN’s economic significance Aiming to promote economic growth, social progress, cultural development, and regional stability, all Southeast Asian countries except for Timor-Leste are part of the political and economic union Association of Southeast Asian Nations (ASEAN). Even though many concerns surround the union, ASEAN has avoided trade conflicts and is one of the largest and most dynamic trade zones globally. Factors such as the growing young population, high GDP growth, a largely positive trade balance, and exemplary regional integration hold great potential for future economic development in Southeast Asia.
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The global sea cans market size was valued at approximately USD 9.2 billion in 2023 and is expected to reach USD 14.5 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.5%. A key growth factor driving this market is the increasing international trade and the consequent need for efficient and reliable transportation and storage solutions. Sea cans, also known as shipping containers, have become indispensable in logistics and supply chain operations worldwide, contributing to the market's robust growth trajectory.
One of the primary drivers of the sea cans market is the expansion of global trade. With the rise of e-commerce and globalization, the demand for sea cans has surged as they offer a cost-effective and secure way to transport goods across long distances. The standardization of shipping containers has significantly facilitated the seamless movement of goods across different modes of transport such as ships, trains, and trucks, thereby boosting their demand. Additionally, the rise in commodity trade, particularly of perishable goods, has driven the need for specialized containers like refrigerated containers, further propelling market growth.
Another significant growth factor is the versatility and reusability of sea cans. Beyond their traditional use in shipping, these containers are increasingly being repurposed for various applications such as portable storage units, pop-up retail shops, and even modular construction units. This adaptability has opened new avenues for market growth, as industries seek sustainable and cost-effective alternatives for temporary and permanent structures. The construction industry's growing adoption of sea cans for building affordable housing and commercial spaces is a testament to their expanding utility.
Technological advancements and innovations in container design and manufacturing have also played a crucial role in driving the sea cans market. Modern containers are now equipped with advanced features such as temperature control, GPS tracking, and enhanced security systems, making them more efficient and reliable. These innovations cater to the specific needs of various industries, thereby broadening the market's scope. For instance, the demand for smart containers with real-time monitoring capabilities is rising among logistics companies aiming to optimize their supply chain operations and enhance cargo safety.
Marine Freight Containers play a pivotal role in the global logistics and supply chain ecosystem. These containers are specifically designed to withstand harsh marine environments, ensuring the safe and efficient transportation of goods across the world's oceans. The durability and standardization of marine freight containers have revolutionized international shipping, allowing for seamless integration into various modes of transport, including ships, trains, and trucks. As global trade continues to expand, the demand for these containers is expected to rise, driven by the need for reliable and secure shipping solutions. The versatility of marine freight containers also extends to their use in innovative applications, such as modular housing and portable storage units, further highlighting their significance in the modern economy.
Regionally, the Asia Pacific holds a significant share of the sea cans market, driven by the region's booming manufacturing sector and extensive trade activities. North America and Europe also contribute substantially to the market, given their advanced logistics infrastructure and high import-export activities. The Middle East & Africa and Latin America are witnessing moderate growth, with increasing investments in port infrastructure and a growing focus on expanding their trade networks. Overall, regional dynamics play a pivotal role in shaping the sea cans market, influenced by factors such as economic growth, trade policies, and infrastructure development.
Standard Dry Containers dominate the sea cans market due to their widespread usage in transporting a variety of dry goods. These containers are the backbone of global trade, providing a standardized and secure method for shipping non-perishable goods. Their robust construction and ease of handling make them ideal for transporting items such as electronics, textiles, and machinery.
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United States - Producer Price Index by Commodity: Transportation Services: Deep Sea Water Transportation of Freight was 158.87800 Index Dec 2008=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Transportation Services: Deep Sea Water Transportation of Freight reached a record high of 180.36300 in September of 2022 and a record low of 80.80000 in May of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Transportation Services: Deep Sea Water Transportation of Freight - last updated from the United States Federal Reserve on July of 2025.
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Baltic Dry fell to 2,016 Index Points on July 21, 2025, down 1.75% from the previous day. Over the past month, Baltic Dry's price has risen 20.43%, and is up 6.33% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Baltic Exchange Dry Index - values, historical data, forecasts and news - updated on July of 2025.
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United States - Producer Price Index by Industry: Deep Sea Freight Transportation: Deep Sea Freight Transportation Services was 421.29200 Index Jun 1988=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Deep Sea Freight Transportation: Deep Sea Freight Transportation Services reached a record high of 478.26300 in September of 2022 and a record low of 100.00000 in June of 1988. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Deep Sea Freight Transportation: Deep Sea Freight Transportation Services - last updated from the United States Federal Reserve on July of 2025.
In 2024, the internet economy size across Southeast Asia was valued at approximately *** billion U.S. dollars in gross merchandise value (GMV). This was forecasted to grow in 2025, with the internet economy's GMV expected to reach *** billion U.S. dollars. The internet economy encompasses segments such as e-commerce, online ride hailing and food delivery, online travel, and online media.