In 2024, APAC's tech salaries are experiencing a return to stable growth, with AI and data roles leading the way after a period of salary pressure in 2023. The region saw a surge in tech salaries before 2022 due to digital transformation efforts and talent shortages, but faced challenges from 2022 onwards with hiring freezes and layoffs. The global tech market woes impacted APAC, where salaries for roles like software engineers decreased in 2023
However, 2024 is witnessing a more steady growth of 3-5% for tech workers, with higher increases in high-demand segments like AI. There is optimism for tech salary recovery in 2024, especially for roles in AI, data science, cybersecurity, and project management, with salary growth expected to vary by country within the APAC region. https://www.techrepublic.com/article/tech-jobs-salaries-apac/