Canalys has started its 2024 Canalys Forum Asia Pacific event in Bali on December 4, 2024 indicating that there will be more pressure on the global technology industry next year.
Canalys Forum who will be new tech leaderSteve Brazier, Co-founder of Canapii, has discussed about the future of China-US tech relationship. The worldwide tech industry will face new pressure in the wake of the election of Donald Trump as the next President of United States of America.
There will be new regulations from both China and the United States.
There will be regulations on the AI industry.
Elon Musk and Donald Trump will not be friends by the end of 2025.
IT spending is projected to increase 8.3 percent in 2025 to $5.44 trillion, according to Canalys. 2024’s estimated growth in IT spending will be 7.7 percent. Channel partner-delivered IT will account for 70 percent of the total addressable IT market, despite a slight decline from previous years.
NEW OPPORTUNITY
Channel partners have missed out on the AI opportunity.
Channel partners should focus on cyber security, software and managed services. This indicates channel partners should shift their present focus on hardware.
Channel opportunity will be in robots, disaster recovery, cyber-insurance, return to office, AI factories, circularity, electric vehicles, energy and storage and AI PCs.
Baburajan Kizhakedath
