TECH SUPPLIER Oct 2019 - Market Forecast - Doc # AP44331119

Asia/Pacific (Excluding Japan) Manufacturing IT Applications Forecast, 2018–2023

By: Sampath Kumar VenkataswamyResearch Manager, Sharad KotagiAssociate Market Analyst, Karthik Umachigi

Abstract

This IDC study presents a five-year forecast for the APEJ manufacturing IT applications industry as of September 2019. It reviews and analyzes market context, including both drivers and inhibitors of IT application growth. It also highlights significant market developments, provides the best estimates of IT spending and forecast by key segment, and offers advice to technology suppliers on how to drive opportunities.

"The regional digital initiatives have positively impacted the current growth projections, but the slowdown of the manufacturing sector specifically in India will adversely affect the investment scenario in the next 8 to 12 months," says Sampath Kumar Venkataswamy, research manager, IDC Asia/Pacific Manufacturing Insights.


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