IDC forecasts GenAI alone will grow at a 59.2% CAGR
FutureCIO Editors
May 7, 2025
The region is set to witness a substantial increase in AI and GenAI investments, projected to reach $175 billion by
The region is set to witness a substantial increase in AI and GenAI investments, projected to reach $175 billion by
56% of organisations in the region are turning to low-code and no-code AI tools to simplify GenAI implementation.
The ICT market in Asia/Pacific is on a robust growth trajectory. It is projected to reach USD 1.4 trillion in
IDC unveiled TechMatch, an AI-powered software sourcing platform that helps organisations evaluate and select enterprise solutions.
Projections from IDC also reveal that 50% of Asia/Pacific organisations will only partner with IT vendors that have robust services
With the next 12 months looming, over 25% of businesses in Asia/Pacific are bracing for their top challenge: ESG.
However, numerous barriers such as data trustworthiness, disconnected workflows, and end-user resistance will cause most ((75%) Healthcare GenAI initiatives to
IDC underlines the pressing need for CX executives to pay attention to the potential of AI in CX.
IDC also revealed the most urgent business and technology trends that marketing leaders must consider to to stay competitive in
Spending on shared cloud infrastructure reached $47.9 billion in the quarter, an increase of 136.5% compared to a year ago.
IDC predicts that business leaders in Asia/Pacific (including Japan) will demand an 80% success rate on GenAI initiatives by 2027
APAC enterprises are turning to low-code, integrated development environments (IDEs) and DevOps to address challenges from outdated frameworks and low