Future is Asian: DeepTech & AI / Financial Institutions Socio-Economic Development Analytical Assessment and Overview 2020

Future is Asian DeepTech & AI Financial Institutions Socio-Economic Development Analytical Assessment and Overview 2020

Open-Source Analytical Report & Dashboard Reveals Major Trends Behind
the Rise of the Asian Economy and Expansion of International Financial Institutions to Asia

 

DeepTech & AI in APAC 2020 overview
Source: https://www.dkv.global/

A new open-access special analytical case study and associated analytical dashboard produced by Deep Knowledge Analytics, a DeepTech focused subsidiary of Deep Knowledge Group, identifies features key trends in the rise of Asia’s technological, economic and financial development prospects. The analysis takes into account various socio-economic parameters and covers important aspects of the innovations and R&D landscape, and features two specific special case studies that profile 2400 companies, 1300 investors, 100 hubs and 425 financial institutions in Asia, and identifies key factors that give the region extremely strong prospects to become a future global leader in multiple technological and financial sectors.

Link to Analytical Dashboard: www.dka.global/future-is-asian

“Future is Asian: DeepTech & AI and Financial Institutions in Asia” is inspired by the book “The Future is Asian” by Dr. Parag Khanna. The book is a reflection of current world tendencies, defending the idea that there is no turning back from today’s multipolar, multicivilizational order. The globalized world is too mixed to become national and closed again. Nevertheless, the outstandingly rapid development of Asian regions might challenge current mindsets, turning the tables and shifting the center of gravity towards the region. Historically, Asia has grown stupendously from American and European outsourcing, and now the United States and Europe are being buttressed by infusions of Asian investment and talent. The author argues that we are only in the early phases of global “Asianization”, therefore we must continue to explore how the coming decades will transpire to be prepared for drastic changes in both political and economic situations across the world.

Deep Knowledge Analytics’ Future is Asian Analytical Dashboard takes the assumptions presented in that book as its starting points, and aggregates a wide array of specific information, data and analytical components to provide deeper insights into the many areas of technological, economic and financial developments in a customizable and interactive manner. The analytics dashboard and IT-Platform utilizes macro analysis of a wide variety of key parameters to enable region-specific market insights, industry intelligence and predictive analytics.

The project’s primary dashboard includes dedicated components on specific areas of Asian socio-economic development:

  • The Socio-Economic Development section of the dashboard analyses major changes and perspectives occurring in Asia and identifies their distribution of socio-economic benefits, especially in terms of export-import incentives, potentially available to the majority of Asia’s population.
  • The Industrial Development section of the dashboard reveals key factors behind Asian’s leading positions in manufacturing due to being home to the largest share of global production and the highest exploitation of vehicles and tools, while also underlining challenges and unrealized potential for transformation of the energy sector.
  • The Global Entrepreneurship Development section of the dashboard conducts an international and benchmarking analysis between the Global centers of entrepreneurship and rising Asian startup ecosystems.
  • The interactive IT-Platform also contains two specific special case studies that deliver deeper insights into two sectors in which Asia has extremely strong prospects for growth and international dominance over the coming decade:
  • DeepTech & Artificial Intelligence Industry in Asia Pacific Region 2020, which in many ways can be considered as the core of the project’s various components and topics given that technological and economic supremacy in the development of the DeepTech and Artificial intelligence (along with several other disruptive domains of research) will fuel the growth of many other Tech-focused sectors, as well as propel (and predominate) growth in entire Asian national economies. AI solutions are rapidly being integrated across industries and sectors, and an increasing number of companies are actively experimenting with a suite of AI solutions across numerous use cases from manufacturing to energy, from healthcare to government.
  • Financial Institutions in Asia focuses on the current financial industry landscape in Asia, and forecasts its growth prospects over the next decade. As the share of the Asian GDP in the world economy increases, the interest of international financial institutions in expanding into Asia markets is increasing proportionally. This special case study applied quantitative analytical toolsets to revealing key trends in this emerging and extremely impactful sphere of the growing Asian economy.

 

Key Takeaways from the Analytical Assessment ‘Future is Asian’:

  • Almost all Asia and Pacific nations felt the effect of the coronavirus-induced crisis and 2021 will mark the recovery for the vast majority of them. China, for example, the world’s second-biggest economy, saw growth of 4.9% between July and September, 2020, compared to the same quarter, 2019. This trajectory of growth is expected to continue into 2021.
  • Rapid adoption of Artificial intelligence in the Asian Healthcare sector is being driven by aging population (the growing share of individuals aged 65+) and the Covid-19 pandemic.
  • Investments in biotechnology and healthcare-related technological R&D are increasing and will help to fuel Asian economic growth in the years to come.
  • The Covid-19 crisis provided Asia with important lessons regarding health care and preventive medicine. This will play a major role in the future healthcare systems of almost all major Asian nations.
Financial Institution Data 2020
Source: https://www.dkv.global/

Asia has become a world-leading nexus of nations and regions, actively creating, exporting, importing and consuming more goods than any other region across the globe, and the majority of Asian nations exchange and invest more amongst each other than they do with the rest of the world. The continent has several of the world’s strongest economies, the majority of global foreign trade reserves, a high proportion of the world’s largest financial institutions, modern and innovative organizations, and some of the world’s biggest and technologically-sophisticated armies. Asia also represents more than 60 percent of the world’s population, having almost ten times as many people as Europe and nearly twelve times more than North America. As the total population moves toward a level of around 10 billion people, Asia’s large proportion of global population will only increase. In combination, the above-mentioned factors are creating the necessary conditions for the region to lead the world in many areas of important economic, financial and technological domains and sectors in the decades to come.

 

About Deep Knowledge Analytics

Deep Knowledge Analytics is a DeepTech focused subsidiary of Deep Knowledge Group producing analytics on DeepTech and frontier technology industries using sophisticated multi-dimensional frameworks and algorithmic methods that combine quantitative analytics with advanced data visualization and modern IT-solutions to deliver insights, market intelligence, pragmatic forecasting and tangible benchmarking to help industry participants optimize strategic decision making, neutralize challenges and manifest opportunities in the face of the DeepTech industry ecosystem’s overwhelming complexity and multidimensionality.

About Deep Knowledge Group

Deep Knowledge Group is an international consortium of commercial and non-profit organizations focused on the synergetic convergence of DeepTech and Frontier Technologies (AI, Longevity, MedTech, FinTech, GovTech), applying progressive data-driven Invest-Tech solutions with a long-term strategic focus on AI in Healthcare, Longevity and Precision Health, and aiming to achieve positive impact through the support of progressive technologies for the benefit of humanity via scientific research, investment, entrepreneurship, analytics and philanthropy.

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