Private and open data in Asia: A regional guide

The rise of big data—high volume, high velocity, and high variety data—in recent years coincides with the economic and political rise of Asia. As Asia continues to expand economically, it becomes an important market for big data. Business models relying on the collection, manipulation, enhancement, sale, or use of data—and it is rapidly becoming apparent that all businesses benefit from being more data driven—must pursue the treasure trove that is the East. Asia already dominates the world in terms of Internet access (nearly half of the world’s entire population of Internet users, around 45%, reside in Asia). South Korea and Japan are highly developed countries, with high Internet penetration rates (roughly the same as the United States and Europe, sitting at 80%+). More importantly, China, India, and Indonesia have enormous populations, but relatively low Internet penetration (46%, 24%, 16%, respectively). While these three countries already have massive Internet-using populations that will provide both data and the market for data, they will also continue to grow as their national Internet ecosystems mature. And with economic prosperity, Internet penetration will increase, and so too will the usage of smartphones, social media, and ecommerce. In addition, with the rise of smartphones, many of these countries have skipped the personal computer age, going directly to mobile.

 

Share it:
Share it:

[Social9_Share class=”s9-widget-wrapper”]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You Might Be Interested In

How Big Data & Digitization are Transforming Business Schools

9 May, 2018

With the demand for big data and analytics talent, several business schools are now offering Masters in Business Analytics. The …

Read more

Do We Need Big Data to Create Smart Cities?

2 Mar, 2016

Data collection and analysis have played an important role in smart cities, but should citizens’ privacy be used as a foundation? …

Read more

Why Choose Python for AI Based Projects in 2019?

14 Apr, 2019

It is no doubt that python is the best-suited programming language when it comes to AI and ML projects. With …

Read more

Do You Want to Share Your Story?

Bring your insights on Data, Visualization, Innovation or Business Agility to our community. Let them learn from your experience.

Get the 3 STEPS

To Drive Analytics Adoption
And manage change

3-steps-to-drive-analytics-adoption

Get Access to Event Discounts

Switch your 7wData account from Subscriber to Event Discount Member by clicking the button below and get access to event discounts. Learn & Grow together with us in a more profitable way!

Get Access to Event Discounts

Create a 7wData account and get access to event discounts. Learn & Grow together with us in a more profitable way!

Don't miss Out!

Stay in touch and receive in depth articles, guides, news & commentary of all things data.