In the past year, consumers and businesses in Southeast Asia have quickly adopted digital technologies widely used in other parts of the world, especially with the acceleration caused by the pandemic. This movement creates a fertile ground for many regional startups to catapult to stardom with their unicorn status, primarily in the fintech, e-commerce, and logistics verticals. The question here is: what’s next in 2022?
While artificial intelligence, machine learning, Big Data, virtual reality/augmented reality, and blockchain continue to play vital roles in forming these tech solutions, cryptocurrencies, non-fungible tokens (NFTs), and Web3 have significantly set their foot in every sector. Though their use cases outside the financial world still need more time to be proved, this heralds a moment for the next generation of regional startups to blaze a path in the global tech battlefield.
Following the exciting pace of the region’s startup ecosystem in the past year, combined with what VCs tell us about their upcoming investments, here are a few important trends within key tech verticals that you should look out for in 2022.