OTT video is popular whether it鈥檚 free or paid. Every global region and country we track is engaged with these platforms, some very deeply. But new viewers will be hard to find.
That鈥檚 almost 5 percentage points lower than in Southeast Asia (57.3%), the next closest region. Ownership in leading regions like Western Europe and Central and Eastern Europe was equal to about three-quarters of internet users. Game console ownership in Asia-Pacific, at 12.7%, was also the lowest rate in the world.
Acer is raising US laptop prices by 10% due to Trump tariffs, with competitors likely to follow鈥攕queezing both consumer wallets and enterprise tech budgets.
Meanwhile across other Southeast Asian markets, namely Singapore and Thailand, the ecommerce share of retail sales dipped in 2023 as offline activities gradually returned to pre-pandemic levels, and that share will remain flat in 2024. To view the full forecast, click here.
Latin America鈥檚 digital economy will undergo significant changes in 2025 as retail innovation and regulatory changes redefine business dynamics for global and local players alike.