target audience: TECH SUPPLIER Publication date: May 2023 - Document type: Market Forecast - Doc Document number: # AP47806122
Asia/Pacific (Excluding Japan) Manufacturing IT Applications Forecast, 2022–2025
This IDC Market Forecast presents a five-year forecast for the Asia/Pacific (excluding Japan) (APEJ) manufacturing IT applications industry as of September 2020. It reviews and analyzes market context, including both drivers and inhibitors of IT applications growth. It also highlights significant market developments, provides the best estimates of IT spending and forecast by key segment, and offers advice to technology suppliers on how to drive opportunities.
"The spending projections and investments show improved market sentiment and appetite for infrastructure and application modernization that would be critical to enable value chain visibility and, subsequently, resilience," says Sampath Kumar Venkataswamy, senior research manager, IDC Asia/Pacific Manufacturing Insights.