why apac

Asia-Pacific (APAC) is not just a region—it's the future of global tech growth. For UK, US and European technology companies, expanding into APAC offers unparalleled opportunities for scale, innovation, and long-term value. 

• By 2030, 65% of the world’s middle class will reside in APAC, compared to just 13% in Europe and North America combined  
• The APAC digital transformation market is projected to grow at a CAGR of 19.06%, reaching USD 2.16 trillion by 2030 . 

• In 2024, APAC technology spending is set to reach USD 710 billion, with software and IT services leading the charge.
• The Asia-Pacific IT services market is projected to grow at a CAGR of 11.0% from 2024 to 2030, driven by cloud-based offerings and digital payments . 

• The UK government has launched the UK-APAC Tech Growth Programme, providing subsidized support for UK tech scale-ups to expand into 11 APAC markets, including Japan, South Korea, Singapore, and Australia.
• The UK's participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) enhances trade relations, opening new avenues for tech companies  

• APAC is home to world-class tech hubs in cities like Singapore, Tokyo, and Seoul, fostering innovation through government support, tax incentives, and a focus on digital transformation  
• The region's emphasis on cloud computing, AI, and cybersecurity presents vast opportunities for European tech firms specializing in these areas  

• Countries like Australia and Singapore offer stable, English-speaking environments with strong legal frameworks, serving as ideal gateways into the broader APAC market. 
• Emerging markets in Southeast Asia provide high-growth opportunities with increasing demand for digital solutions. 

At CorpDev Global, we specialise in guiding UK, US and European tech companies through successful expansions into the Asia-Pacific region. From market entry strategies to local partnerships, we're here to help you navigate and thrive in this dynamic landscape.