The ICT market in Asia/Pacific is on a robust growth trajectory. It is projected to reach USD 1.4 trillion in 2025, with a CAGR of 5.8% through 2028, according to the report Worldwide ICT Spending Guide Enterprise and SMB by Industry from IDC.
"Asia/Pacific businesses are entering a new phase of technology adoption," says Mario Allen Clement, associate research manager, Data and Analytics, IDC. "The emphasis is no longer solely on acquiring the latest technologies but on strategically deploying solutions that address specific business challenges and drive measurable outcomes. We're seeing a move towards pragmatic investments that enhance productivity and a stronger focus to improve customer experience."
Growing industries
The top 10 fastest-growing industries account for almost 80% of Asia Pacific's total ICT Spending Market.
Verticals in the Asia Pacific are prioritising digital transformation initiatives, AI implementation, and strengthening cybersecurity infrastructure.
Despite trade restrictions, geopolitical tensions, and cybersecurity threats, Asia/Pacific organisations are demonstrating remarkable resilience. They focus on technological resilience and digital capabilities, driven by the need to enhance operational efficiency, customer experience, and competitive advantage.
Business priorities
Businesses of all sizes in the Asia Pacific region have been embracing ICT initiatives in the past six months.
Businesses innovation and operational efficiencies are the main foci of very large firms. Data analytics to scale operations and improve decision-making, focusing on AI and machine learning, are the priorities for medium-sized businesses. Meanwhile, the Small office Home office (SOHO) market focuses primarily on productivity tools for cost-effective and scalable solutions.
Experts project that increased ICT investment will continue across all segments.
