China is projected to maintain its position as the dominant market for GenAI, while Japan and India are set to become the most rapidly expanding markets in the forthcoming years.

International research institute IDC predicts that by the end of 2024, 25% of Top 2000 Asia (A2000) companies will leverage Generative AI (GenAI) within their Security Operation Centers (SOCs).

IoT devices with the help of GenAI offers truly personalized experiences to the people by using its potential to create state-of-the-art and unique content

In a survey conducted in August 2023, technology buyers in Asia/Pacific Excluding Japan (APEJ) ranked AI and its derivatives as the number one most useful innovative technology to meet their sustainability/ESG objectives

Spending on IT Services to Surpass Communications Services Spending for the First Time in 2024

As the industry looks to master AI everywhere, GenAI is emerging as a transformative force in healthcare and is set to impact workforce efficiency and hyper-personalization in the care processes.

The Asia Pacific region will see the fastest growth; six countries forecasted to have the largest GDP growth are in Asia

According to the C-suite Tech survey 2023 APeJ results, 37.8 percent of CMOs indicated that they have already begun implementing GenAI technologies

An updated forecast from International Data Corporation (IDC) shows that enterprises will invest more than $19.4 billion worldwide on GenAI solutions in 2023.

According to global research body Forrester, firms that actively harness generative AI (genAI) to enhance experiences, offerings, and productivity will realize outsized growth and will outpace their competition.