ICT spend in Germany, Austria and Switzerland set to hit $275bn in 2023, with focus shifting to AI

ICT spend is forecast to hit $275bn in 2023 in the DACH region, according to IDC. In the analyst's latest report Worldwide ICT Spending Guide: Enterprise and SMB by Industry, IDC also found that there will be a growing shift towards investment in AI across Germany, Austria and Switzerland. The DACH region is expected to log a 6.4 per cent compound annual growth rate (CAGR) for 2021-2026 and to exceed the 5.4 per cent European average. Investments in technologies will continue despite...