target audience: TECH SUPPLIER Publication date: Feb 2023 - Document type: IDC Survey Spotlight - Doc Document number: # US50424823
Future of Connectedness Outlook: 2023 Cloud Connect/Networking Services Budgets and Spending
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Abstract
This IDC Survey Spotlight discusses the data extracted from IDC's recurring Future Enterprise Resiliency and Spending Survey, Wave 10, with 1,082 respondents across 18 countries and 21 distinct vertical markets.
Connectivity investment priorities and budgets that center of cloud connectivity and networking are a particular bright spot for organizations as they look ahead into 2023. More than half of enterprises worldwide expect to increase their budget for cloud connect/networking services, with nearly 70% of enterprises in the APAC region expecting to increase budgets. Overall, cloud connect remains one of the most resilient areas of spending as enterprises continue down the path to becoming more agile and connected. Regionally however, the budget shifts tell a different story.