The world is becoming increasingly digital and COVID-19 has led to faster growth. There are a lot of different uses for digital technology that impacts how people produce and consume goods and services, one of which is the use of data analytics in the production process. And Asia is leading the way in terms of digitalisation.
By 2022, their total GDP from digital companies and services will be 65%, and by 2023, one-third of companies will derive at least 30% of their revenue from service-based products. As the shift towards online marketing becomes more profound, there is no doubt that it will be a necessity for marketplaces like work to invest in digital skills.
What you might need today is not just traditional programs like word processing and spreadsheets, but more sophisticated digital skills such as programming. There are a lot of opportunities these days that require digital skills, so it’s important to grow your capabilities.
Many jobs in the Asia Pacific are seeing significant changes due to digital transformations. This global report from ADB and LinkedIn highlights the issue discussed in-depth. More and more people are seeking to beat the competition by learning these skills on their own. With a new study showing that over 75% of professionals see digital credentials as a true form of accreditation, it’s never been so easy for workers to switch careers.
The report examines shrinking job markets, skill shortages, and important changes in the labour market that should be taken note of for employers and employees. Unlike other reports, this report is driven by data-focused findings and insights for audiences to use for decision-making.