Asia/Pacific DNB tech spending to hit $128.9B in 2026
According to a recent IDC Market Forecast titled Asia/Pacific DNB Tech Spending Opportunity Forecast, 2022–2026, Asia/Pacific DNB tech spending is forecasted to grow at a CAGR of 20.8% and reach US$128.9 billion by 2026. IDC expects Asia/Pacific DNB tech spending to grow at a year-over-year (YoY) rate in 2023 of 19.3% in comparison to 15.1% in 2022, as spending continues to accelerate.
“Digital-native businesses are defined by their use of new and emerging technologies to differentiate themselves from competition. As macroeconomic headwinds loom, DNBs will accelerate investments in technologies such as cloud-based solutions, to improve efficiency and support DNBs in their path to profitability and resiliency,” says Seng Keong Low, Research Director for Asia/Pacific Digital Native Business.
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