Asia-Pacific AI Spending Projected to Reach $370 Billion by 2029

International Data Corporation (IDC) forecasts a significant surge in artificial intelligence and generative AI spending in the Asia-Pacific region, rising from $73 billion in 2024 to an estimated $370 billion by 2029.

23 Apr, 03:30 — 23 Apr, 03:30

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Generative AI leads surge in regional tech spending

Asia-Pacific AI spending set to reach $370bn by 2029 International Data Corporation (IDC) projected that artificial intelligence and generative AI spending in Asia-Pacific will rise from 73 billion dollars in 2024 to 370 billion dollars by 2029, marking a fivefold increase driven by rapid enterprise adoption. The report highlights a compound annual growth rate of […]

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Asia-Pacific AI Spending Projected to Reach $370 Billion by 2029

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Generative AI leads surge in regional tech spending

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