The Asia Pacific region is the fastest growing region in the world offering endless opportunities and dynamic experiences. With a quarter of the world's population living in the Asia Pacific region, it accounts for one fifth of the world's economy and is expected to contribute almost half of the world's growth over the next ten years.
"Our priority is to help our clients succeed in this very dynamic and ever-changing part of the world, and to help build trust in society."
APAC CEOs are confident about global economic growth outlook in the next 12 months.
50% of APAC CEOs think global growth outlook will improve compared to 42% of global CEOs.
More than half of organisations have not introduced any AI initiatives.
90% of APAC CEOs say AI is fundamental to their business in the next five years, vs more than half of organisations have not introduced any AI initiatives.
APAC executives are confident of revenue growth prospects over 3-year timeframe.
Confidence in revenue growth prospects over 3-year timeframe (40%) vs next 12 months (36%).
Executives in the region experience an information gap between importance and adequacy of data.
Executives are experiencing an information gap about customers' needs (75%) and business risks (73%). This suggests that value from data is not being sufficiently extracted.
Source: PwC's 22nd Annual Global CEO Survey, 2019