target audience: TECH SUPPLIER  Publication date: May 2024 - Document type: Market Forecast - Doc  Document number: # AP50957924

Asia/Pacific IT Services Market Forecast, 2023–2028

By: 

  • Pushkaraksh Shanbhag Loading
  • Rijo George Thomas Loading

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Abstract


This IDC study provides the revenue forecast for the APEJ IT services market for the 2023–2028 period. It includes advice for IT SPs, an analysis of the key market and industry trends by the importing market, key market drivers and inhibitors, and significant market developments.

"The IT services market in Asia/Pacific registered a modest growth rate amidst the impact of rising inflation and slow economic growth in key markets. Buyers continue to take a measured approach to IT spending, with the spotlight now on preparing the organization’s IT architecture to capture the AI momentum," says Rijo George Thomas, senior research manager, IDC Asia/Pacific Services Research Group. "IT SPs need to build detailed playbooks to work with clients at different stages of their transformation journey and be open to making changes in their go-to-market (GTM) strategies as the market around AI-led engagements evolves," he adds.



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