Region expected to remain a hotbed of creativity as more firms disrupt business models to capture market
28 Jul 2021 |
The Asset
Six cities in the Asia-Pacific region are among the top ten cities expected to flourish as technology innovation hubs in the next four years, results of a new survey show. Among the cities outside of Silicon Valley in California, Singapore ranked first for the second year running, besting New York City and Tel Aviv, which tied for the second spot, and London which ranked fifth.
Other Asia-Pacific cities in the top ten are Beijing, fourth; Shanghai, sixth; Tokyo, seventh; Bengaluru, eighth; and Hong Kong, ninth. Completing the top ten are Austin and Seattle of the United States, which tied for the tenth place, according to the 2021 edition of the KPMG Technology Industry Survey, now in its ninth year. Seoul, ranked eighth last year, dropped out of the top ten to tie for 14th place this year.