Asia’s entrepreneurs have a brighter future than ever. Asia “leapfrogged other types of connectivity” to become “mobile-first,” according to Jesus Martin, Microsoft Asia’s chief strategy officer.
The mobile platform underpins innovations and new business models since Asia went mobile first. Mobile first refers to creating products and experiences for mobile devices.
That’s why Asia’s startup industry is booming.
According to a CB Insights analysis, Asia will top worldwide transaction share at 36% in the fourth quarter of 2021.
Every week, Martin says, unicorns are born in China, India, and South Korea. He meant startups worth at least $1 billion.
“SaaS (software as a service) has the potential to become the next $1 trillion business in India,” he continued.
What are the trendiest trends in Asian entrepreneurship this year? Let’s find out.
