1 in 3 firms to generate 30% of sales from digital products by 2023

Led by organisations in the Asia-Pacific region, one in three companies globally will generate more than 30 per cent of their revenues from digital products and services by 2023, according to a new IDC report.

The unprecedented rate of digital transformation (DX) acceleration over the past year has ushered in a digital-first world, powered by an increasingly digital-first economy with Asia-Pacific organisations at its forefront.

“Such an economy expands the impact of digital technologies on the production and consumption of products and services, resulting in at least 65 per cent of Asia-Pacific’s GDP being digitised by 2022,” the IDC forecasts.