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Southeast Asia's internet economy to reach US$1 tril by 2030: Google, Bain & Temasek report

Jovi Ho
Jovi Ho • 5 min read
Southeast Asia's internet economy to reach US$1 tril by 2030: Google, Bain & Temasek report
On the day Singapore announced VTLs with Germany and Brunei, search trends for Germany jumped 700%.
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Southeast Asia enters its “digital decade” as the internet economy is expected to reach US$1 trillion in gross merchandise value (GMV) by 2030.

According to the latest e-Conomy Southeast Asia (SEA) Report released on Nov 10, the region’s internet economy is projected to reach US$360 billion by 2025, up from the previous US$300 billion forecast made in 2020.

By the end of this year, Southeast Asia is estimated to reach US$174 billion in GMV, propelled by a growing base of digital consumers and merchants, and acceleration in e-commerce and food delivery,

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