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Publication date: 19 Apr 2023

Asia/Pacific Digital-Native Business Tech Spending from 2022-2026 to Grow at a CAGR of 20.8% and Hit US$128.9B in 2026, IDC Forecasts

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SINGAPORE, April 19, 2023 – 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.

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"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.

The IDC report, “Asia/Pacific DNB Tech Spending Opportunity Forecast, 2022–2026 ” (IDC #AP49705223), presents the first tech spending forecast of the Asia/Pacific Digital-Native Business segment, including key drivers and inhibitors.

Since 2010, when cloud technologies started to enable innovation at scale and speed, we experienced an explosion of digital-native businesses redefining the way we live, consume, pay, work, and deploy technology. In a recent IDC Market Glance titled, Digital-Native Business in Asia/Pacific, 3Q22 , IDC provides an illustrative overview of the current landscape of DNBs in Asia Pacific.

For more information on this IDC Market Presentation, please contact Seng Keong Low at sklow@idc.com. For media inquiries, please contact Michael de la Cruz at mdelacruz@idc.com or Miguel Carreon at mcarreon@idc.com.

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About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading tech media, data and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDCAP and LinkedIn. Subscribe to the IDC Blog for industry news and insights.



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Asia Pacific


Topics Covered