The IoT Market Potential
Dubbed as “Asia’s final frontier”, Myanmar is one of the world’s fastest growing economy, driven by economic reforms, public consumption and steady gains in FDI. As part of the ASEAN Smart Cities Network, Myanmar’s largest cities will realise the vision of urban development with digital technology serving as an enabler to resolve urbanisation issues.
Working together with the United Nations, US $100 million has been earmarked for the Digital Myanmar project which is a strategic e-government investment, and the first step to implementing the country’s e-Governance Master Plan. The Ministry of Transport and Communications (MOTC) will coordinate and work across the adopter agencies, under the mandate of the e-Government Steering Committee (eGSC), to promote a wholistic government perspective for ICT usage. The project also aims to strengthen the enabling environment for digital government and digital services transformation in Myanmar.
The Myanmar Digital Economy Roadmap was published in 2019. The mission of the road map is to enable Digital Transformation, Digital Government, Digital Trade and Innovation to develop a Digital Economy across all sectors for inclusive and sustainable socio-economic development. The Roadmap focuses on 9 priority sectors, Education, Healthcare, Agriculture, Tourism, Manufacturing, Financial Services, Technology & Startup Ecosystem and Digital Trade.
The 41st edition of Asia IoT Business Platform will be held in Yangon on 10 – 11 November 2020.
How is Covid-19 transforming Myanmar’s digital economy? (Oxford Business Group)Covid-19 has shaken up the development of the digital economy in Myanmar, with the pandemic leading to a rise in…
Yoma to buy controlling stake in Myanmar e-payment firm Wave Money (The Straits Times)Yoma Strategic on Wednesday (June 24) proposed to increase its existing shareholding and take a controlling interest in mobile payments…
Yoma Strategic's mobile payments joint venture in Myanmar ties up with Alipay operator (Straits Times)Yoma Strategic's chief executive Melvyn Pun said Myanmar's population is still massively underserved by formal banking institutions. Photo: Straits Times/LIANHE…
2019 Asia IoT Business Platform program focused on concrete discussions between IoT solution providers and end users to address key challenges and pain points in implementing IoT in businesses. Esteemed speakers from across different industries will provide insights on issues, challenges, and the latest developments in the IoT landscape in Myanmar.
Sponsorship & Exhibitions Opportunities
Asia IoT Business Platform is a dynamic business program that helps you to understand more about the enterprise IoT market in Myanmar as well as the needs and challenges of your prospective clients and partners. Leverage the program to establish important connections for your business development in Myanmar.
2019 Participant Snapshot
The 34th edition of Asia IoT Business Platform in Myanmar brought over 200 senior stakeholders from the Government, telecommunications, manufacturing, logistics, transportation, healthcare, finance, and other vertical sectors to explore the possibility of adopting IoT solutions for their businesses and organisations.