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Australia and New Zealand IT Spending Forecast by Vertical Segment and Company Employee Size, 2021–2026

Publisher IDC
Published Aug 04, 2023
Length 12 Pages
SKU # IDC18096230

Description

Australia and New Zealand IT Spending Forecast by Vertical Segment and Company Employee Size, 2021–2026


This IDC Market Forecast discusses the ANZ's IT spending in 2021 and forecasts expenditure through 2026. It is based on IDC's Worldwide ICT Spending Guide: Enterprise and SMB by Industry, which was updated in February 2023. The report contains market size and distribution for 120 technology markets grouped by devices, infrastructure, services, and applications and software, and further segmented by 19 industries and 5 company size bands. It also highlights growth drivers and inhibitors and presents key points for technology suppliers to consider."IT spending in ANZ is expected to reach US$56.9 billion in 2023, up by 5.9% from 2022 with a CAGR of 6.8% between 2021 to 2026. It is forecast to reach US$68.7 billion by 2026. Despite macro uncertainties and inflation, ANZ organisations are increasing IT spending, driven by digital business acceleration and an increased need for efficiency through AI and automation," says Linus Lai, VP of research and chief analyst and digital business research lead for ANZ, IDC Asia/Pacific.

Please Note: Extended description available upon request.

Table of Contents

12 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
ANZ IT Market Spending Trends by Product, 2021–2026
ANZ IT Market Spending Trends by Company Size, 2021–2026
ANZ IT Market Spending Trends by Vertical Segment, 2021–2026
Market Context
Drivers and Inhibitors
Drivers
AI and Automation
Digital Business Acceleration
Inhibitors
Economic Uncertainty
Higher Inflation-Driven Costs
Significant Market Developments
By Company Size
By Vertical Segment
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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