Exhibit 12
Disruptive technologies have significant potential across key sectors
in ASEAN
Potential annual economic impact in ASEAN1
US$ billion, 2030
The potential economic impact for ASEAN in 2030 is equivalent
to
4–12%
220–625
2 to 5 times
of ASEAN’s GDP
in 2030
the current GDP of ASEAN’s IT and
IT-enabled services sector
15–33
7–39
20–53
24–48
25–45
36–53
28–74
47–74
Infrastructure
Financial
services2
Education
Manufacturing Agriculture
Health
care
Government
services
Consumer
and retail
Other sectors3
Total
1 These estimates do not represent GDP or market size (revenue), but rather economic potential, including consumer surplus.
2 Includes US$17 billion to US$52 billion of sector-related impact from sector-related effects such as greater financial inclusion.
3 Additional sectors represent 25–30 percent of ASEAN’s total GDP. Impact estimate based on top-down estimate of disruptive technologies.
SOURCE: McKinsey Global Institute
Exhibit 13
Digital innovation
What are the
What are the
strategic objectives?
1 Support the adoption of technology by
key initiatives?
1 Enhance the MSME
2
Support financial access
through digital technologies
2
Develop the ASEAN digital
financial inclusion framework
3
Improve open data use in
ASEAN Member States
3
Establish an ASEAN open
data network
4
Support enhanced data
management in ASEAN
Member States
4
Establish an ASEAN digital
data governance framework
micro, small and medium enterprises
(MSMEs)
MASTER PLAN ON ASEAN CONNECTIVITY 2025
technology platform
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