ASEAN will grow into the world’s 4th largest economic bloc by 2030. ASEAN’s changing demographics, geopolitical shifts and favorable government policies provide the foundation for ASEAN states to capture growth in the industrial & manufacturing sector. We would discuss how a combination of factors, such as the growth of domestic consumption, geopolitical tensions and a strong network of Free Trade Agreements provide support to the ASEAN manufacturing growth story.
ASEAN Governments have acknowledged the fundamental shift that is taking place in the technological landscape and have been rolling out various schemes and policies to encourage enterprises in their countries to adopt industry 4.0 technologies. This highlights the increased opportunities that enterprises in manufacturing (and enterprises in active adjacent activities, eg. logistics, supply chain, industrial real estate, etc) have in collaborating with digital technology solution providers to take their business to the next level.
The report will also provide an insight into the attitudes that ASEAN enterprises in industrial sectors take towards adopting digital transformation. In addition, the 3 case studies discussed at the end of the report would give an idea of the types of projects that ASEAN enterprises are implementing as part of their Digital Transformation journey.