Asia Pacific Tech Market Forecast, 2024 To 2028

As of early 2025, Asia Pacific was showing resilience, with 4.6% growth projected across the region. But the global trade landscape and economic outlook significantly shifted as the US introduced broad tariffs expected to increase technology costs, disrupt supply chains, and dampen IT investment across the region. As a result, the tech spending forecasts in this report, finalized before the announcement of the tariffs, are likely to be optimistic; heightened uncertainty could lower growth by 1 or 2 percentage points, depending on specific country exposure and IT spending category. The situation remains volatile, with the full impact of recent policy changes only becoming clear in the coming months.