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Global Tech Spend to Reach $4.7 Trillion in 2024
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Overview
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Global tech spend is expected to grow by 5.3% in 2024, reaching $4.7 trillion. The Asia Pacific region, particularly India, will experience the fastest growth. The US is also projected to experience growth due to investments in emerging technologies. Europe's investments in cybersecurity and the EU's Coordinated Plan on AI are anticipated to drive the region's recovery.
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What are the key drivers behind the growth of global tech spend?
What are the potential implications of this growth for the tech industry and the global economy?
Which specific countries and regions within the Asia Pacific region are expected to witness significant growth?
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