Internet penetration rates have taken into account the past few years, as well as the government’s efforts to digitalize and the impact of Covid-19.
Analysts say that by 2025, Thailand, Vietnam Indonesia Philippines Cambodia India and Sri Lanka are projected to achieve 81-85% internet penetration.
The other two, Laos and Myanmar, will reach that level by 2027.
Experts estimate the penetration rate of digital financial services based on the highest internet penetration rate for each country.