Digital transformation, cloud adoption, AI and automation drive ADM, but talent shortages and regulatory challenges pose hurdles.
The application development and maintenance (ADM) market in Asia Pacific (APAC) is experiencing robust growth, fueled by an expanding digital economy and heightened adoption of advanced technologies. As per the ISG Index, ADM bundled with infrastructure services grew by 57 percent globally in Q2 2024, largely due to rising demand in emerging APAC markets. This dynamic landscape is characterised by key drivers, evolving trends, and a competitive environment that presents both opportunities and challenges.