The Frost Radar™ for Economic Development determines a region's future growth and development potential measured by its ability to enhance citizen satisfaction of quality of life. This report explores Broader Asia’s strengths and weaknesses through country-level assessments of growth and innovation initiatives and benchmarks each country on these two indices.
The Broader Asian economy started with positive economic recovery in early 2021 before the Delta variant dampened growth prospects, beginning with South Asia in April 2021 and East and Southeast Asia in H2 2021. The Frost Radar™ for Economic Development: Broader Asia, 2021 diagnoses the significant challenges to the region’s growth environment, including soaring viral caseloads due to the Delta variant, lagging vaccination rates, and resultant supply chain vulnerabilities that impede faster recovery. By measuring performance against the major sub-pillars of the Innovation in Education, Healthcare, Environment, Infrastructure, Citizen Centricity, and Security, the Frost Radar™ offers insights into the regional economic pulse and identifies drivers underpinning the region’s growth momentum, such as ambitious carbon neutrality targets.
In this research, Frost & Sullivan indexes the top 10 economies in Broader Asia and Emerging Asia to determine what makes them regional leaders. The Radar is intended to empower governments, policymakers, investors, and businesses to identify strategic imperatives for future growth.
Key Issues Addressed
- What are the regional strategic imperatives for the governments in Broader Asia?
- Which countries are the regional leaders for innovation?
- Which countries are the regional leaders for growth?
- What are the driving forces for change in Broader Asia?
- What policies and plans have aided in economic growth?
- What is the future growth potential of the Asian economies?

Frost Radar™ for Economic Development: Global Strategic Imperatives
Frost Radar™ for Economic Development: Growth Environment
Frost Radar™ for Economic Development: Regional Challenges
Frost Radar™ for Economic Development: Top 10 Countries in Broader Asia
Frost Radar™ for Economic Development: Broader Asia Top 10 Countries Ranking
Frost Radar™ for Economic Development: Competitive Environment in Broader Asia
Frost Radar™ for Economic Development: Top 10 Emerging Countries in Broader Asia
Frost Radar™ for Economic Development: Top 10 Emerging Countries in Broader Asia Ranking
Frost Radar™ for Economic Development: Competitive Environment in Emerging Countries, Broader Asia
Significance of Being Among the Frontrunners
Frost Radar™ for Economic Development Empowers Governments/Policy Makers
Frost Radar™ for Economic Development Empowers Investors
Frost Radar™ for Economic Development Empowers the CEO’s Growth Team
Frost Radar™ for Economic Development Framework: 2 Axes, 7 Priorities
Frost Radar™ For Economic Development: Methodology
Broader Asia: List of Countries
The Growth Axis: Economy, Investment, Citizens
The Innovation Axis: Six Pillars of Social Priorities
Legal Disclaimer
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Key Issues Addressed
- What are the regional strategic imperatives for the governments in Broader Asia
- Which countries are the regional leaders for innovation
- Which countries are the regional leaders for growth
- What are the driving forces for change in Broader Asia
- What policies and plans have aided in economic growth
- What is the future growth potential of the Asian economies
| Deliverable Type | Frost Radar |
|---|---|
| Author | Sailee Sakhardande |
| GPS Codes | 9A7B-EM,9A6B |
| Industries | Cross Industries |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Economic Development |
| Keyword 2 | top 10 economies in Broader Asia |
| Keyword 3 | Broader Asian economy |
| Podcast | No |
| WIP Number | 9AE5-00-2E-00-00 |
Frost Radar™ for Economic Development: Broader Asia, 2021
Australia, South Korea, and New Zealand Emerge as the Broader Asian Leaders
27-Oct-2021
Asia Pacific
Frost Radar
