With rapid technology adoption, including in previously digitally underserved populations in large emerging markets, APAC presents ‘golden’ prospects for investors yearning to capitalise on the sector’s growth trajectory.
An 8% increase in information technology (IT) spending is forecasted this year, with huge cloud data centre investments driving global tech spend to ~US$5.1 trillion, according to Gartner.
Ample opportunities for private equity investments in fibre, as seen in the US and Europe, are expected to continue, in addition to conventional M&A activity.
However, a sizeable investment gap and opportunity remains for digital infrastructure development in APAC, with the investment gap expected to reach US$512 billion by 2040, according to the Asian Infrastructure Investment Bank (AIIB).
