Apr, 2025 : ASEAN ICT Spending to Reach $171 Billion this Year




📅 - The ASEAN region is experiencing a strategic evolution ininformation and communications technology (ICT)investment, with total spending expected to reach USD 171 billion by 2025. The IDC Worldwide ICT Spending Guide reports ICT expenditures in Southeast Asia growing at a 5.8% CAGR through 2028, as businesses focus on resilience and measurable returns to navigate evolving economic and technological landscapes.

Organizations in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam are recalibrating their technology strategies to adapt to changing economic conditions. While ICT spending remains substantial, the focus has shifted away from rapid expansion toward strategic [...][... Check source for end of article ...]
Tags: Cybersecurity

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