Asia/Pacific (Excluding Japan) Manufacturing IT Applications Forecast, 2019-2024

This IDC study presents a five-year forecast for the APEJ manufacturing IT applications industry as of September 2020. It reviews and analyzes market context, including both drivers and inhibitors of IT application growth. It also highlights significant market developments, provides the best estimates of IT spending and forecast by key segment, and offers advice to technology suppliers on how to drive opportunities."The Purchasing Managers' Index (PMI) scores across 4Q20 definitely showed signs of recovery across Asia/Pacific, and going by the current estimates, the industrial and shop floor activity signals an uptick in IT and infrastructure spending to support the increasing need to remain operationally resilient and prepare for future disruptions," says Sampath Kumar Venkataswamy, research manager, IDC Asia/Pacific Manufacturing Insights.

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

• Manufacturing Classification
• Overview of the APEJ Manufacturing IT Market
• APEJ Manufacturing IT Software Market
  • ERP
  • CRM
  • SCM
  • Security
  • Engineering Applications

Market Context

• Drivers and Inhibitors
  • Drivers
    • Emphasis on Automation
    • Development of Smart Factories with the Adoption of IIoT
    • Australia's Modern Manufacturing Initiative (2020)
    • Singapore's Jurong Innovation District
    • Vietnam as the Next-Preferred Destination for Manufacturers
  • Inhibitors
    • Impact of the COVID-19 Pandemic
    • China-U.S. Technology War
    • Challenges Faced During DX
• Significant Market Developments
• Changes from Prior Forecast

Market Definition

• IT Application Market

Methodology

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