Uzbekistan is among the regional markets showing particularly strong growth in cybersecurity investment. According to the KPMG study, 63% of companies across Central Asia and the Caucasus reported a significant increase in cybersecurity budgets, compared with 41% globally, with the strongest growth observed in Georgia and Uzbekistan.
Companies in Uzbekistan also demonstrate strong interest in digital twins and advanced simulation technologies. All surveyed organizations in the country (100%) plan to increase investment in this area, compared with 87% on average across Central Asia and the Caucasus and 72% globally. The report links this trend to the region’s industrial profile, where capital-intensive assets and infrastructure play a significant role, including energy, mining, manufacturing and logistics. For these sectors, digital twins are not a futuristic concept, but a practical tool for improving reliability, optimizing operations and reducing technology risks. The report also notes that the region has historically shown a high degree of skepticism toward this technology, which may help explain why investment is now growing faster than the global average.
The report finds that 99% of respondents in Central Asia and the Caucasus consider investment in advanced technologies to be a key driver of competitive advantage over the next three years, compared with 90% globally.
Businesses in the region also remain highly optimistic about growth:
- 91% of companies report revenue growth over the past five years.
- 93% expect revenue growth over the next 24 months.
Against this backdrop, technology is increasingly seen not as a cost optimization tool, but as a growth accelerator.
The region’s rapid pace of digitalization also creates new risks. Around 50% of companies in Central Asia and the Caucasus do not systematically track the value delivered by IT initiatives, while 50% acknowledge that their AI strategy is stalling at the scaling stage.
Another risk factor is the accumulation of technical debt. Companies in the region are actively investing in development and AI initiatives, but allocate significantly less of their IT budgets to maintaining existing systems: approximately 21%, compared with around 34% globally.