target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: Market Presentation - Doc Document number: # US49868623
Industry Market Forecast: Asia/Pacific Financial Services 2023
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Abstract
This Market Presentation Report aims to provide technology vendor product managers and those responsible for market/competitive intelligence with an industry overview of IDC spending guide forecasts numbers and insights into the regional financial services market context influencing that spend for 2023. This report includes:
- The IDC ICT market forecast for the financial services industry in Asia/Pacific (AP)
- The IDC market forecast for IT applications for AP financial services
- Insights into key drivers and inhibitors that had and will impact IT application investment sentiment in the AP financial services sector
The document also highlights recent initiatives by countries and organizations while providing top-level advice for technology suppliers for pursuing a business strategy that spans across the financial services value chain.
"Despite turbulent economic headwinds, the Asia/Pacific financial services sector is committed to technology initiatives through increased investments in IT infrastructure, services, and applications. Technology is the enabler that will help the region's financial services companies to not only survive through troubled times but to thrive through them," says Abhishek Kumar, associate research director, IDC Asia/Pacific Financial Insights.