
IT spending in Asean, South Korea, Australia and New Zealand is expected to drop by 1-3% in 2023 despite immense economic challenges as enterprises shift to digital business to grow their revenue, according to International Data Corporation (IDC), a global tech market research firm.
"In the new digital era, we see a shift from digital transformation to digital business driven by Covid-19," said Sandra Ng, group vice-president and general manager of IDC Asia-Pacific.