Forecast Report

Asia Pacific Tech Market Outlook For 2019 To 2020

Growth Will Remain Steady Unless China's Or Japan's Economy Slows

March 18th, 2019
Frederic Giron, VP, Senior Research Director
Frederic Giron VP, Senior Research Director
Andrew Bartels, null
Andrew Bartels
With contributors:
Matthew Guarini , Nancy Lin , Bill Nagel

Summary

Asia Pacific (AP) CIOs can expect tech market growth of 4% or more in 2019 and 2020, although trade frictions and slowing economies could halve that. Many AP firms, still at the early stages of tech adoption, view tech as an investment to expand when growth is good but cut when it slows. Firms in Australia, Japan, Singapore, South Korea, and China consider tech to be core to the business and will try to keep investing, even in a downturn. This report helps AP CIOs to prepare tech budgets and priorities for 2019 and 2020 and tech vendors selling in AP to prepare marketing plans.

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