{"id":23566,"date":"2025-05-14T12:20:04","date_gmt":"2025-05-14T05:20:04","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=23566"},"modified":"2025-05-14T12:20:04","modified_gmt":"2025-05-14T05:20:04","slug":"forrester-evolving-tariff-negotiations-dampen-apac-tech-outlook","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=23566","title":{"rendered":"Forrester: Evolving Tariff Negotiations Dampen APAC Tech Outlook"},"content":{"rendered":"\n\n\n
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The original forecast for 6.5% APAC tech spending growth is expected to be revised down by 1\u20132% amid rising uncertainty<\/i><\/p>\n

SINGAPORE<\/span><\/span>, May 14, 2025<\/span><\/span> \/PRNewswire\/ — Forrester<\/a> (Nasdaq: FORR) initially projected that technology spending in the Asia Pacific<\/span> (APAC) region would grow by 6.5% in 2025 to reach US$722 billion<\/span>, up from US$678 billion<\/span> in 2024 and on par with the growth experienced last year. The imposition of broad-based tariffs by the US, however, is expected to increase technology costs, disrupt supply chains, and dampen overall IT investments across the region. As a result, initial tech spending forecasts now appear optimistic, with heightened uncertainty expected to lower growth by 1 or 2 percentage points, depending on specific country exposure and IT spending categories.<\/p>\n

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Despite global volatility<\/a>, adoption of AI and cloud will continue at a rapid pace and fuel robust spending growth on software and IT services in Asia<\/span>. India<\/span> and Vietnam<\/span>, for example, were initially projected to see tech spending grow by 11% and 10%, respectively. Although these figures may soften under the weight of tariff-related disruptions, both countries are still expected to outperform the regional average \u2014 driven by strong momentum in digital infrastructure and aggressive modernization agendas.<\/p>\n

According to Forrester’s Asia Pacific Tech Market Forecast, 2024 To 2028<\/a><\/i>, the software market is set to grow 10.4% in 2025, with AI and cloud services dominating demand. Growth is especially pronounced in Southeast Asian economies, where digital transformation programs are advancing rapidly. Meanwhile, the IT services<\/a> category is expected to grow by 6%, propelled by rising demand for hybrid cloud solutions, cybersecurity consulting, and system integration to manage increasing regulatory complexity. While these forecasts were established prior to the latest tariff developments, Forrester believes that the fundamental drivers of growth \u2014 AI, cloud, and digital infrastructure \u2014 remain intact.<\/p>\n

In 2025, Forrester’s optimistic projections of tech spending growth across countries in Asia Pacific<\/span> are as follows:<\/p>\n