In 2021, Asia Pacific (APAC) accounted for 37% of the global
Gross Domestic Product (GDP), up from 26% ten years ago.
Fast- growing Internet penetration, increasing purchasing power and
expanding trade links have fueled the growth, but new headwinds
are emerging. In a world of economic uncertainty and long-term
disruptions due to COVID-19, digital technologies are becoming all
the more crucial to the region’s growth and prosperity — and yet,
according to our research, APAC countries are capturing only a fraction
of the potential benefits.
To find out more about how APAC governments can close the gaps read the full report here.