IDC leads thought leadership for Digital Native Businesses (DNB) by providing an overview of the current Asia/Pacific DNB landscape.
SINGAPORE, September 7, 2022 – In a recent IDC report, Digital-Native Business in Asia/Pacific, 3Q22 , IDC provides an illustrative overview of the current landscape of DNBs in Asia/Pacific. With growing investments in digital natives and the exponential growth of companies born in the digital age, digital natives have started to command a sizeable portion of tech spending. However, that tech spending will differ for each category as defined by IDC.
“Digital native businesses have a digital-first approach and tech-driven operating models. By aggressively leveraging new and emerging technologies, platform services, and marketplaces, DNBs grow and scale fast, disrupting industries and creating new markets. This IDC Market Glance will provide a clear understanding of the various industry verticals DNBs play in,” says Seng Keong Low, Research Director Digital Native Business, IDC Asia/Pacific.
DNBs operate across many different segments, but tech remains a crucial part of their business model. Therefore, DNBs can be broadly split into:
- Technology Provider Businesses. Providing third-party organizations with next-generation technology products or services (e.g., a chatbot for enabling better customer experience in retail banking, a SaaS tool for analyzing space imagery).
- Technology-enabled Businesses – B2B. Offering products or services to businesses where those services are enabled by next-generation technologies at the core (e.g., a B2B ecommerce company connecting businesses with suppliers and manufacturers or a B2B trading platform for SMEs to source products from distributors and wholesalers).
- Technology-enabled Businesses – B2C. Offering products or services to consumers where those services are enabled by next-generation technologies at the core (e.g., a car-sharing service enabling consumers to book and locate cars on the fly using an app, a social network for dating, a video-streaming application).
Since 2010, when cloud technologies started to enable innovation at scale and speed, we have experienced an explosion of digital-native businesses redefining how we live, consume, pay, work, and deploy technology.
“In order to build robust, long-term relationships with DNBs, it is vital to understanding the taxonomy and the specific needs of DNB segments,” adds Low.
The IDC report, “IDC Market Glance: Digital-Native Business in Asia/Pacific, 3Q22 ” (IDC #AP49576522), provides an illustrative overview of the current Asia/Pacific digital-native business landscape. The document focuses on companies in this space that are either focused on tech-driven business (ISVs and software-as-a-service [SaaS] companies) or focused on tech-enabled business (platform-, marketplace-, service-, and logistics-oriented companies).
For more information on this IDC Market Presentation, please contact Seng Keong Low at sklow@idc.com. For media inquiries, please contact Theresa Rago at trago@idc.com or Michael De La Cruz at mdelacruz@idc.com.
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