Rising Asia: Honoring the Vision and Resilience of Entrepreneurs
Asia’s entrepreneurial ecosystem is undergoing a major transformation, with startups and small businesses leading innovation in different industries. Rising Asia, our special yearbook, captures this growth and the changing entrepreneurial landscape of the nation.
Our Goal
Showcasing real-life stories that spark change, create a ripple effect in the startup ecosystem, and inspire both professionals and young entrepreneurs, all contributing to the nation’s growth.
Unveiling the Industries Defining the Nation’s Future.
In this publication, we offer readers an in-depth look at the industries transforming the business world. From tech innovations to sustainable solutions, each sector highlights the impactful work of entrepreneurs shaping the future.
Here are the industries featured in this publication:
Micro Small and Medium Enterprises
From bustling street markets in Southeast Asia to tech startups in India and manufacturing hubs in China. With exports from Asian MSMEs steadily rising, these enterprises are increasingly embracing digitalization and innovation to stay competitive in the global market.
Consumer Services Industry
The Consumer Services Industry in Asia is one of the fastest-growing sectors. As of 2024 report this industry is valued at over $1.5 trillion, with countries like China, India, Japan, and Southeast Asian nations. Asia’s middle class, expected to reach 3.5 billion people by 2030, is a key driver of this growth, demanding personalized and convenient services. The food delivery market alone is projected to grow at a CAGR of 12%, reaching $300 billion by 2025. Including digital payment systems and AI-driven customer experiences is reshaping the industry, with fintech and edtech sectors seeing exponential growth.
Mobility Industry
Asia’s Shared Mobility market is growing fast. Specifically, revenue is expected to grow from US$697.40bn in 2025 to US$831.10bn by 2029. Online sales will dominate, making up 70% of total revenue by 2029. China leads the way and Japan sees a rise in car-sharing as urban residents seek affordable and eco-friendly options. This growth highlights Asia’s shift toward smarter, sustainable transportation!
Sustainability Industry
The sustainability industry in Asia is experiencing significant growth. Governments, businesses, and consumers are prioritize environmental, social, and governance (ESG) principles. Countries like China, Japan, South Korea, India, and Southeast Asian nations are adopting ambitious sustainability goals. The private sector is also playing a crucial role, with companies integrating sustainable practices into their operations and supply chains.
CleanTech Industry
The CleanTech industry in Asia is rapidly emerging as a global leader. Its need to address environmental challenges such as climate change, pollution, and resource scarcity. China is the world’s largest producer of solar panels and electric vehicles (EVs), while Japan is pioneering hydrogen energy technologies. India is making significant strides in solar and wind energy to achieve its ambitious renewable energy targets. Southeast Asian nations are also adopting CleanTech solutions.
SaaS Industry
The Software as a Service (SaaS) market in the Asia-Pacific region is expected to reach a projected revenue of US$200,711.8 million by 2030. With a compound annual growth rate (CAGR) of 14.3% from 2025 to 2030.
EdTech Industry
Education serves as a fundamental pillar for acquiring knowledge and optimizing opportunities for success in various life endeavors. Countries in Southeast Asia have invested heavily in digital resources, textbooks, libraries, and learning management systems to support these efforts. With a total market size larger than that of Indonesia and Singapore combined, Vietnam’s edtech market is forecast to reach a value of US$5.4 billion, with a promising CAGR of 9.3% until 2028.
AgriTech Industry
A dynamic transformation is unfolding in Southeast Asia’s agricultural sector, establishing it as a hub for technological progress and innovation. The gross production value in the agriculture market is projected to reach US$153.20 billion in 2025. However, an annual decline of 0.84% (CAGR 2025-2029) is expected, bringing the gross production value down to US$148.10 billion by 2029.
FoodTech Industry
Asia with a tech-savvy population and a rich culinary heritage not only reshaping how food is produced, distributed, and consumed but also positioning the region as a global hub for food innovation and sustainability. Countries like China, India, Japan, and Singapore are leading the charge. With innovations like plant-based meats, lab-grown proteins, and AI-driven supply chain optimization gaining traction. Online food delivery platforms, such as Zomato, GrabFood, and Meituan, have revolutionized dining habits.
Gifting Industry
The gifting industry in Asia is a vibrant and rapidly expanding market. Gifting plays a central role in Asian societies, with festivals like Lunar New Year, Diwali, and Mid-Autumn Festival driving significant demand. The rise of e-commerce and digital platforms has transformed the industry. Now personalized and premium gifts more accessible. Additionally, sustainability and innovation are becoming key trends, with consumers increasingly seeking eco-friendly and unique gifting options. Countries like China, India, Japan, and South Korea are leading the gifting market.
E-commerce Industry
The e-commerce industry in Asia is one of the fastest-growing and most dynamic sectors globally. Countries like China, India, Japan, and Southeast Asian nations are at the forefront of this boom. platforms such as Alibaba, JD.com, Shopee, and Lazada leading the e-commerce market. The region’s e-commerce market is fueled by mobile commerce, social commerce, and innovations in logistics and supply chain management. By 2025, Asia is expected to account for over 60% of global e-commerce sales, solidifying its position as a key driver of the global digital economy.
Media & Entertainment Industry
The Media & Entertainment (M&E) industry in Asia is one of the fastest-growing and most diverse sectors globally. Streaming platforms, social media, and mobile content consumption are reshaping the industry. platforms like Tencent, ByteDance (TikTok), and Hotstar leading the way. Bollywood, K-pop, and Asian dramas have gained international popularity, showcasing the region’s cultural influence. The gaming industry particularly in China and South Korea, is also a major contributor to growth.Asia’s M&E industry is poised for sustained growth, offering vast opportunities for content creators, tech companies, and investors in this dynamic and evolving landscape.
HealthTech Industry
The HealthTech industry in Asia is experiencing rapid growth with technological advancements, increasing healthcare demands, and supportive government policies. Startups and established companies are leveraging mobile technology and big data to provide personalized and accessible healthcare services. Asia’s HealthTech market is poised to become a global leader, addressing critical healthcare gaps and improving outcomes for millions across the region.
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