Australia and New Zealand Industry and Company Size IT Spending Forecast, 2025-2029

This IDC study shows that the IT spending forecast for Australia and New Zealand (ANZ) from 2025 to 2029 highlights significant growth, driven by digital transformation (DX), AI, cloud computing, and cybersecurity investments. Australia's market is bolstered by economic recovery and strategic technology adoption, whilst New Zealand focuses on connectivity and digital resilience. Both regions face challenges, such as legacy systems integration and cybersecurity threats, but are poised for growth with proactive policies and sector-specific innovations. The forecast underscores the importance of tailored IT solutions to enhance competitiveness and operational efficiency.Despite challenges, such as legacy systems and skills shortages, the region shows strong potential for tech-driven growth. Technology suppliers should focus on AI, cloud computing, and cybersecurity to enhance operational efficiency and customer experience. "ANZ's digital transformation surge: AI, cloud, and policy reforms drive US$176.9 billion IT growth by 2029 amidst challenges and opportunities," says Linus Lai, VP Digital Business.