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Research Outline

Prepared for Gene B. | Delivered November 29, 2019

Smart Mobility and Smart Logistics - SE Asia

Goals

Identify the market size of the smart mobility market in SE Asia, as well as the market sizes of its subcategories: smart city, shared mobility, electric charging, mobility-related fintech, and smart logistics markets. Focus in particular on smart mobility and smart logistics.

Early Findings

Regional Statistics

  • For the smart cities market, the Asia-Pacific region is expected to have the fastest CAGR in the world between 2018 and 2025, at 24.3%. This high growth rate is mostly due to large government initiatives in China, Singapore, India, and South Korea.
  • Spending on technologies to enable smart cities programs in the Asia Pacific region, excluding Japan, was around $28.3 billion in 2018.
  • The total spending on the IoT in the Asia Pacific Region is expected to reach $59 billion by 2020.
  • The combined revenue of Western Europe and Asia-Pacific for the IoT software in the logistics sector market was $184 million in 2015.

Vietnam

  • In Ho Chi Minh City, Vietnam, the city plans to launch an Intelligent Transport System that will invest $250 million on smart technology to manage transport infrastructure.
  • In Vietnam, the smart home market revenue reached $105 million in 2019.
  • Vietnam's logistics market is expected to be worth $113.3 billion in 2023.

Myanmar

  • In 2018, Myanmar announced a $2.5 billion urban redevelopment master plan for the Yangon region. The plan's goal is to develop Yangon into an attractive international port and logistics hub.

Thailand

  • Thailand's smart home market reached a revenue of $111 million in 2019.
  • In Thailand, public and private actors invested $1 million in Phuket, $1 million in Chiang Mai, and $425,000 in Khon Kaen to develop smart mobility.