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Asia Pacific Ecommerce Market Report 2023: Growth Surge Led by Expanding Digital Consumer Base – Forecasts to 2027

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DUBLIN, March 4, 2024 /PRNewswire/ — The “Asia Pacific Ecommerce Market Opportunities Databook – 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering.

The latest databook offering comprehensive insights into the Ecommerce market in the Asia Pacific has been added to our comprehensive collection of industry research publications. The databook presents over 100 key performance indicators (KPIs) across various Ecommerce verticals including shopping, travel, food service, media and entertainment, and technology.

With a meticulous compilation of statistics and trends, this report is pivotal for understanding market dynamics, shares by key players, sales channels, and payment instruments, complemented by an in-depth analysis of consumer demographics. Key findings indicate a projected annual market growth of 3.41% in 2023, reaching an estimated US$3,987.3 billion in the Asia Pacific Ecommerce sector.

The data-driven report underscores several pivotal aspects including:

A robust CAGR of 6.39% predicted for the period of 2023-2027, showcasing sustained growth in the Asia Pacific Ecommerce market.An increase in gross merchandise value from US$3,855.8 billion in 2022 to an anticipated US$5,108.8 billion by 2027.Contributions to market expansion from Tier II, III, and IV cities in large consumer bases such as India.The resilience of the market despite macroeconomic fluctuations and regulatory changes, particularly in the Chinese sector.

In addition, the report examines emergent trends such as live streaming engagement models and cross-border purchases, as well as dissecting market share across mobile and desktop platforms and highlighting the dominant role of mobile commerce.

Ecommerce Market Dynamics and Future Forecasts:

Comprehensive analysis of market size and segmentation trends.Detailed country-level data-centric analysis across 14 bundled reports.Illustrative segmentation of the Ecommerce market shares by key players in retail shopping, travel, and food service verticals.

Key Market Opportunities and Consumer Trends:

Understanding the nuanced needs and behaviors of the digital consumer base is essential. This databook offers key insights into opportunities by Ecommerce categories, and market-specific strategies based on in-depth analysis, global trends, and data on consumer attitudes and behaviors.

The strategic intelligence contained within the report allows businesses to make informed decisions to navigate the rising tide of digital commerce, especially in the Asia Pacific region where digital ecosystems are advancing rapidly, and consumer adoption is growing exponentially.

Companies Mentioned

AgodaAirasia FoodAlibaba’s 1688AmazonBaedal MinjokBaeminBeTaxiBoboboxBooking.comBungkusitCebu PacificCentralChaldalCheapOairColesComfort TaxiCoupangCoupang EatsDaojiaDarazDeliverooDemae-CanDidi ChuxingDiDi MobilityDMM.comDomino’sDoordashEasybookEatigoeBayEle.meEvalyExpediaFaasosFine DineFireflyFlipkartFood PandaGmarketGoFoodGoibiboGoJek’s Go-FoodGrab FoodGrab TaxiGrainHappy FreshHomeshoppingInterparkJalanJD.comJD.idJollibeeKaideeKakao TaxiKayakKmartKulinaLazadaLine ManLine Taxi11StreetLux GroupMakeMyTripMc DeliveryMeituan WaimaiMenulogMercariMetroDealMiCabMobile World GroupMyCarMyerMyntraMyRealTripNaheed Super MarketCarousellNaver ShoppingOlaOpenTablePakWheelsPegiPegiPickabooPickarooPizza HutQoo10QunarRakutenSephoraShebahSherpa’sShopeeShophiveShuttle Food DeliverySnapdealSwiggyTADATaobaoTiket.comTikiTmallTMAP TaxiTokopediaTongcheng TravelTravelokaTrivagoUberUber BukalapakUber EatsWahyooWebjet Daraz BangladeshWegoWhyQWoltWoolworthsXiaohongshuYahoo! ShoppingYanoljaAmazonYidao YongcheAjioYogiyoZaloraZameenZomato

For more information about this report visit https://www.researchandmarkets.com/r/wi3znn

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Agoda Highlights Tokyo as Top Global New Year’s Eve Destination

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SINGAPORE, Dec. 26, 2024 /PRNewswire/ — Digital travel platform Agoda has announced Tokyo as the most popular destination for New Year’s Eve, based on accommodation searches. This marks a shift from last year when Taipei held the top spot. Following Tokyo, the list includes Bangkok, Taipei, Pattaya, and Osaka, showcasing a diverse range of preferences among travelers.

The data highlights a perpetual interest in Tokyo, a city known for its unique blend of tradition and modernity. Travelers are drawn to its vibrant celebrations, cultural experiences, and iconic landmarks. Bangkok and Taipei, too, continue to be favored destinations, offering rich cultural festivities and lively atmospheres. Pattaya and Osaka also make the list, appealing to those seeking beachside celebrations and culinary delights, respectively.

Agoda’s data reveals Tokyo’s prominence not only on a worldwide scale but also within Japan. Domestic accommodation searches have increased by 23%, with Tokyo leading as the preferred destination, followed by Osaka, Kyoto, Yokohama, and Okinawa Main Island. For Japanese traveling abroad, the destinations primarily considered are Taipei, Seoul, Bangkok, Pattaya, and Hong Kong.

Hiroto Ooka, Associate Vice President North Asia at Agoda said: “Tokyo’s rise to the top of Agoda’s New Year’s Eve destination list is a testament to the city’s global appeal. Whether you’re celebrating New Year’s Eve in Tokyo, Osaka, or anywhere else in the world, Agoda is ready to help you find the perfect spot to ring in the New Year.”

As travelers prepare for their New Year’s Eve plans, Agoda offers a comprehensive selection of over 4.5 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, all available for seamless booking. Download the Agoda app for the latest deals or visit agoda.com/deals.

 

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SOURCE Agoda

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SP Manufacturing Expands with New Malaysia Plant, Acquires Ideal Jacobs

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SINGAPORE, Dec. 25, 2024 /PRNewswire/ — SP Manufacturing (SPM), a leader in Electronic Manufacturing Services (EMS), is strengthening its global presence with two major moves: opening a new manufacturing facility in Senai, Malaysia, and successfully acquiring Ideal Jacobs Corporation.

Malaysia Expansion: Enhancing Operations and Supporting Growth 

The state-of-the-art Senai facility, which opened in October, will enhance the company’s operational resilience to meet growing customer demands in medical devices, industrial machinery, and automotive electronics.

Equipped with advanced automation and strict quality controls, the factory enables SPM to deliver mission-critical products with precision and reliability while supporting Malaysia’s vision of becoming a leader in high-value, high-tech industries.

“This facility reflects our commitment to serving our global customers while participating in a key location of the global supply chain network,” said Jackson Tan, Global Business Development Director of SP Manufacturing. The plant’s capabilities include cable harness assembly, PCB assembly, and box-build solutions.

The Senai facility is equipped with comprehensive manufacturing capabilities, including:

Functional testingIn-circuit testing and automated optical inspection (AOI)State-of-the-art cleaning processesRigorous inspection protocolsRapid prototyping and expert assembly processes

Ideal Jacobs Acquisition: Expanding Capabilities 

In a parallel move, SPM also acquired Ideal Jacobs Corporation, which is known for its human-machine interface, printed electronics and die-cut solutions. The move will expand SPM’s engineering capabilities and provide access to a diversified client portfolio, including leading names in the medical, industrial, semiconductor, and telecommunications sectors.

Comprehensive Design Support in the U.S.

SPM continues to provide comprehensive engineering and design services for its U.S. customers using industry-standard software for PCB and electrical design. These services help clients with their new product introductions (NPI), early supplier involvement (ESI), and DFx processes, optimising costs and reducing time to market.

Founded in 2000 and headquartered in Singapore, SP Manufacturing has built its reputation serving mission-critical industries like medical, automotive, and aerospace. The company specialises in cable harnesses, PCB assemblies, and box-build products.

For more information about SP Manufacturing’s latest developments, visit www.sp-manufacturing.com or follow us on LinkedIn.

About SP Manufacturing

SP Manufacturing (SPM), founded in 2000 and headquartered in Singapore, has established itself as a leader in the EMS sector. Serving mission-critical industries such as industrial, medical, automotive, and aerospace, SPM excels in providing comprehensive manufacturing solutions from design to full production, specialising in high-quality cable harnesses, PCB assemblies, and box-build products.

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SOURCE SP Manufacturing

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Casect Launches AI-Enhanced Case Log Platform for Surgeons

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SHERIDAN, Wyo., Dec 25, 2024 /PRNewswire/ — Casect, LLC, a medical education technology company, announces the launch of an innovative platform to revolutionize how surgeons and medical professionals document cases. Casect empowers users to track surgical Cases, refine Techniques, organize References, and collaborate with Colleagues — all within a user-friendly, HIPAA-compliant system.

 

Say goodbye to inefficient notebooks, spreadsheets, and outdated case logs. Casect offers a modern, comprehensive solution tailored to the surgical community, enabling professionals to focus on growth, learning, and excellence in patient care.

A New Era of AI-Powered Case Tracking

Time is critical for surgeons, yet valuable insights are often lost due to outdated documentation methods like handwritten notes or spreadsheets. Casect’s HIPAA-compliant platform, with a no data retention policy for protected health information, uses optional AI to pre-fill case details, analyze uploads, and organize data seamlessly. This transforms hours of documentation into minutes, giving surgeons more time to refine skills and improve patient care.

Casect addresses an unmet need in medical education, residency, fellowship, credentialing, and research. It enables detailed documentation of Cases, Techniques, and References, accessible from any computer or mobile device with a subscription.

Key Features

AI-Assisted Case Entry (Optional): Streamline input with AI or manually add details; supports spreadsheet uploads.Customizable Fields: Track cases your way.Refine Techniques: Create, document, and improve surgical techniques.Multimedia Support: Upload, organize, and access photos, videos, and documents.Organize References: Annotate, markup, and securely store documents and literature.Collaborate Seamlessly: Share cases and techniques effortlessly with colleagues.Analyze and Export: Generate insights through charts or export data as CSV.HIPAA-Compliant: Designed to meet strict HIPAA standards, ensuring the security and confidentiality of protected health information.

Additional Resources

Stay Informed: Unlock a 30-day free trial by signing up for the latest updates on Casect’s launch.Learn More: Discover why Casect is the preferred choice for surgeons at Why Casect?Explore Features: View the Full Feature List.Stay Connected: Follow us on X, Facebook, Instagram, and LinkedIn for updates, tips, and stories. Join the conversation with #MedEd, #CaseLog, and #Casect.

About Casect

Born from decades of tracking cases with stickers, notes, and spreadsheets, Casect empowers surgeons with efficient, comprehensive tools to document cases, collaborate, and drive professional growth. By simplifying the case log, Casect helps surgeons identify trends, enhance skills, and improve patient outcomes. For more information, visit www.casect.com or follow us on X, Facebook, Instagram, and LinkedIn @CasectLLC.

CONTACT: support@casect.com

 

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SOURCE Casect, LLC

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