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Adoption of AI & cloud to continue at rapid pace
The New Indian Express Kochi
|May 16, 2025
With rapid digitalisation and increasing demand for artificial intelligence (AI) and cloud-based solutions, APAC's (Asia Pacific) software market will continue to see expansion this year and Forrester expects software spending to surge by 10.4% with cloud-native development taking centre stage as businesses migrate operations to the cloud.
The research & advisory firm estimates that spending on technology (software, services, communications equipment, tech outsourcing and hardware maintenance, and computer equipment) in Asia Pacific will grow by 6.5% in US dollar terms in 2025.
It says the highest tech spending growth in the Asia Pacific region in 2025 will be in India (11%), followed by Vietnam (10%), and Philippines (9.4%).
In India, the technology sector has entered 2025 on a wave of momentum, fuelled by strong enterprise investment, the government's push for digitalisation, and a surge in venture capital, it stated.
यह कहानी The New Indian Express Kochi के May 16, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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