Telemedicine is the diagnosis and treatment of patients administered remotely through telecommunications. The telemedicine market is valued at US$ 60 billion in 2020, and projected to grow 18.2% annually between 2021 and 2027.
Valued at US$15 million in 2019, the global Near Field Communication (NFC) market size is projected to grow 14% a year between 2021 and 2028 to reach US$54 million by 2028.
Although agriculture is an important economic sector in Vietnam, its share of the country’s GDP has been decreasing at an annual average of 0.3% in the last decade. In 2020, it contributed 14.9% to Vietnam’s GDP.
Covid-19 has drastically changed education and redefined it beyond the physical classrooms. The global education app sector is witnessing a high annual growth rate of 26%.
Available in over 150 countries, by September 2020 TikTok had acquired 800 million users globally.
In an effort to revive the economy, the Indonesian government allocated US$29 billion towards infrastructure development. This is expected to boost its construction industry.
Asia’s appetite for fitness has not gone unnoticed by Western franchises. Not only will 90% of the next 1 billion people to attain middle-class status be from Asia, but they will also be focused on securing education, health and safe food for their families.
Indonesia will enforce the Analog Switch-Off (ASO) by 2022. This digital transformation would allow broadcasters to provide more channels, in addition to improved quality of sound and images.
Homebound consumers are trading pixels for cardboard and plastic. For those seeking “digital detox”, board games are becoming a popular choice.
Globally, generation Z’s income is expected to increase fivefold by 2030 to US$33 trillion as they enter the workforce, accounting for over a quarter of global income.