In what is now known as the fourth Industrial Revolution, four billion people are online. By 2020, that number will grow to five billion people, and the emerging “Internet of Things” sector will likely comprise a $1.7 trillion global market.
As a result, the Information and Communications Technology sector is one of our key strategic industry sectors in Singapore and the ASEAN region. During the U.S. Pavillion ribbon cutting ceremony at ConnecTechAsia 2018, Minister Counselor for Commercial Affairs, ASEAN, Margaret Hanson-Muse, shared U.S.-Singapore initiatives to promote e-Commerce, FinTech and smart cities.
Over 80 U.S. exhibitors, of which 40 are exhibiting in the U.S. Pavilion, are participating in ConnecTechAsia 2018, which is a U.S. Department of Commerce certified trade fair.