target audience: TECH BUYER  Publication date: Dec 2023 - Document type: Tech Buyer Presentation - Doc  Document number: # AP50547223

IDC FutureScape: Worldwide Manufacturing 2024 Predictions — Asia/Pacific (Excluding Japan) Implications

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  • Wai Yee Lee Loading
  • Stephanie Krishnan Loading
  • Rani Ratna Loading

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Abstract


This IDC Tech Buyer Presentation provides an outlook of manufacturing organizations in Asia/Pacific (excluding Japan) (APEJ). The industry remains resilient despite headwinds from a sluggish global economy, supply chain disruptions, inflation, and talent shortage. Aiming on solving regional challenges, manufacturers are embarking on a digital business model, focusing on increasing efficiency, mitigating risk, and building digital resilience. Manufacturers are facing challenges over the amount and complexity of data captured from their digitized operations. As such, organizations are looking to monetize their data by investing in IT solutions to help understand and extract data insights to support decision making. Key technologies, such as Internet of Things (IoT), cloud, edge computing, 5G, AI, and cybersecurity, are critical enablers for organizations looking to develop operational excellence, business agility, and resilience.

This IDC FutureScape document provides top 10 predictions for 2024 covering the manufacturing industry in APEJ. These predictions are designed to provide organizations’ decision makers with an actionable investment plan with highlighted technologies as viable enablers. Each prediction is presented based on timeline projection, complexity assessment, and organizational impact. This presentation also includes insights into regional use cases and examples, as well as the regional outlook for manufacturing over the next five years.



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