Issues on E-Commerce Development in Asia Pacific Region.ppt

Issues on E-Commerce Development in Asia Pacific Region 1998. 3 Jin Ho Hur (jhhur@) Chair of Board of Directors Asia Pacific Internet Association Agenda Internet Development in AP Reality Check Issues Remarks Asia Pacific Region AP Internet Market Stages In Internet Growth Number of Hosts Number of Hosts Reality Check Internet infrastructure development Is getting stronger, but still needs further development, especially on regional backbone Has been largely in sync with economic development stages Regional hubs :Japan, Hong Kong, Singapore, Australia E-Commerce efforts Are emerging; not yet a significant market driving force, but mostly entrepreneurial efforts or long-term investment Most efforts are targeting at domestic market with a few regional ones Few, if any, success stories yet Many are still confused on the proper business model Many eyes on business-to-business, rather than business-to-consumers. Few actual developments in reality E-Commerce Examples Cases Aggregation: eg. News services: eg. Pointcast Asia Online shopping: numerous Feature services Real estate information, stock information, entertainment, ... Local information: eg. Digital city guide Remarks A number of trial/speculative services Few, if any, mission critical services yet: eg online stock trading Reality Check Immature market Low Internet penetration Lack of confidence Lack of infrastructure - Financial, telecom Few business cases Limited services/apps Reality Check Financial infrastructure Lack of readily-available payment system Lack of credit analysis and notary system applicable Telecom infrastructure Low Internet penetration ratio : AU/NZ highest per capita world-wide, Japan reaching 10% Insufficient regional backbone Confidence of consumers and providers Lack of real world utilization of information: distribution, trading, real-estate, stock, …. Concern on security Concern on dispute resolution and liability issues Building business Cases Task of mapping real world a