Asia has long been the world’s most populous continent. About 4.2 billion people currently live in Asia, accounting for more than 60% of the world’s population. The two most populous countries in the world: China and India, account for 37% of the world’s population. When overseas companies expand overseas markets, population and economic level are the two primary indicators to consider, which in a certain sense presents the user magnitude and user income potential of the regional market. There are a total of 11 countries in the Southeast Asia region that this article will talk about. Taking into account the above two indicators, overseas companies are currently focusing on six countries: Indonesia, Philippines, Vietnam, Thailand, Malaysia, and Singapore.
Current status of networks and smart devices in Southeast Asia
The Philippines and Vietnam both have populations of around 100 million. Singapore has a small population of only 5.7 million, but its economy is the most developed, with Israel Email List per capita GDP reaching Indonesia has a population of more than 270 million, ranking 4th in the world. It is often chosen by overseas companies as the first stop in Southeast Asia. In terms of population age, Indonesia, Malaysia, the Philippines and Vietnam have a relatively large proportion of young people (under 35 years old), all exceeding 50%. Thailand and Singapore have some degree of population aging.
Overview of Chinese Internet companies in Southeast Asia
In terms of Internet penetration rate, in 2020, the levels of the six Southeast Asian countries are higher than the world average (59.5%). Indonesia has the largest number of Internet users, but the SMS List lowest penetration rate is 69.8%, and the Internet speed is also the lowest among the six Southeast Asian countries. Singapore’s Internet penetration rate is the highest among the six Southeast Asian countries, reaching 88.52%, and its Internet speed is also the highest among the six Southeast Asian countries. In 2019, Singapore and Thailand had the highest proportion of access to and 4G networks, reaching while Vietnam had the lowest proportion of only . It is also the only country among the six Southeast Asian countries that has not reached the world average.