Infrastructure as a Service - APAC

Revenue in the Infrastructure as a Service market is projected to reach US$51.78bn in 2024.
0.0 dominates the market with a projected market volume of 0.0 in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 21.88%, resulting in a market volume of US$139.30bn by 2029.
In global comparison, most revenue will be generated United States (US$77.05bn in 2024).

Definition:

Infrastructure as a Service (IaaS) refers to the type of public cloud service that provides virtualized computing resources. IaaS offers on-demand access to virtual machines, storage, and networking components, thus allowing users to build, deploy, and manage IT infrastructure without the need to invest in physical hardware. IaaS offers scalability, flexibility, and cost-efficiency by requiring users to pay only for the resources they consume. The IaaS market includes the companies that provide these types of public cloud resources and services to individuals, businesses, and organizations. A typical example of this type of service is Amazon Web Services (AWS). AWS provides a wide range of virtual machines, storage, and networking resources that users can access on demand to build and manage their IT infrastructures.

Additional Information:

The Infrastructure as a Service (IaaS) market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players of the IaaS market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).

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Server capabilities, such as Amazon Elastic Compute Cloud (EC2), Azure IaaS, and Google Compute Engine (GCE)
Computing resources, such as Amazon Elastic Compute Cloud (EC2), Azure IaaS, and Google Compute Engine (GCE)
Storage resources, such as Amazon Elastic Block Store (EBS), Azure Blob Storage, and Google Cloud
Network capabilities, such as Google Cloud Interconnect and Alibaba Cloud Express Connect

Business-Process-as-a-Service (BPaaS), such as payroll management and accounting solutions via ADP Workforce Now, Intuit QuickBooks Online, Workday, and Oracle NetSuite
Desktop-as-a-Service (DaaS), such as Amazon WorkSpaces, Microsoft Windows Virtual Desktop, VMware Horizon Cloud, and Citrix Virtual Apps and Desktops
Platform-as-a-Service (PaaS), such as Heroku, AWS Elastic Beanstalk, Google App Engine, Microsoft Azure App Service, and IBM Cloud Foundry
Software-as-a-Service (SaaS), such as Google Workspace, Microsoft 365, Salesforce, Zoom, and Slack
System infrastructure software, such as Microsoft Windows Server, Linux distributions, VMware for virtualization, and Cisco’s networking software
Private cloud services, such as IBM Cloud Private, Microsoft Azure Stack HCI, and VMware vCloud Suite

The Infrastructure as a Service market in APAC has been experiencing considerable growth due to factors such as the rising adoption of digital services, increasing awareness about health, and the convenience of online health services. This growth can be attributed to the rapid development of technology and the increasing demand for efficient and cost-effective solutions in the public cloud market.

Customer preferences: Consumers in APAC are increasingly shifting towards Infrastructure as a Service (IaaS) solutions within the Public Cloud Market, driven by the need for cost-effective and flexible IT infrastructure. This trend is particularly evident among small and medium-sized enterprises (SMEs) who are looking for scalable and on-demand computing resources. Additionally, the growing adoption of cloud-native technologies and the rise of digital transformation initiatives in the region are also contributing to the rising demand for IaaS in the APAC market.

Trends in the market: In APAC, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand for hybrid cloud solutions. This trend is driven by the need for greater flexibility and scalability, as well as cost savings for enterprises in the region. Additionally, there is a growing trend towards multi-cloud strategies, with organizations utilizing a combination of public and private clouds to meet their specific business needs. These trends are expected to continue in the coming years, with the increasing adoption of cloud-native technologies and the rise of edge computing. This has significant implications for industry stakeholders, as they must adapt to these changes and provide innovative solutions to meet the evolving demands of the market.

Local special circumstances: In Japan, the Infrastructure as a Service Market within the Public Cloud Market is experiencing significant growth due to the country's advanced technological landscape and high regulatory standards for data privacy. This has led to a strong demand for secure and reliable cloud solutions from both enterprises and government organizations. Additionally, the country's aging population and increasing need for digitalization in sectors such as healthcare and education have resulted in a growing market for cloud-based services.

Underlying macroeconomic factors: The growth of the Infrastructure as a Service Market within the Public Cloud Market in APAC is heavily impacted by macroeconomic factors such as technological advancements, government support, and investment in digital infrastructure. Countries with strong technological capabilities and government initiatives to promote digitalization are experiencing faster market growth. On the other hand, regions with limited technological infrastructure and government support are facing challenges in adopting cloud-based services. Furthermore, the increasing demand for cost-effective and scalable IT solutions, coupled with the rise in digital transformation initiatives by enterprises, is further driving the growth of the Infrastructure as a Service Market.

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Together with platform as a service (PaaS) and infrastructure as a service (IaaS), software as a service (SaaS) is one of the three primary tiers of cloud computing. It allows businesses to redirect resources away from IT hardware, software, and personnel expenses, and towards other business needs. Currently, the most prominent companies in the SaaS market are Microsoft, Salesforce, Oracle, SAP, and Google.