Infrastructure as a Service - ASEAN

Revenue in the Infrastructure as a Service market is projected to reach US$5.45bn 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 21.95%, resulting in a market volume of US$14.71bn 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 ASEAN is witnessing considerable growth, fueled by factors like rising demand for digital solutions, increased awareness about health, and the convenience of online services. This growth is driven by the region's fast-paced digitization and the growing need for efficient and cost-effective solutions in the public cloud market.

Customer preferences: As more businesses in the ASEAN region adopt Infrastructure as a Service solutions in the Public Cloud Market, there is a growing demand for data security and privacy measures. Consumers are now more conscious about the protection of their personal information, leading to a shift towards cloud providers that prioritize data encryption and compliance with local privacy laws. This trend is also driven by the increasing reliance on digital services and the rising number of cyber threats.

Trends in the market: In the ASEAN region, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a significant increase in demand due to the rising adoption of cloud-based solutions by businesses. This trend is expected to continue as more enterprises shift towards digital transformation and rely on cloud services for their IT infrastructure. Additionally, the growing popularity of hybrid and multi-cloud strategies is also driving the growth of the IaaS market. This trend has significant implications for industry stakeholders, as it presents opportunities for cloud service providers to expand their offerings and cater to the evolving needs of businesses in the region. It also highlights the need for organizations to invest in robust cloud infrastructure to stay competitive in the market.

Local special circumstances: In Singapore, the Infrastructure as a Service Market within the Public Cloud Market is thriving due to the country's strong digital infrastructure and government support for cloud adoption. The market is also influenced by the country's strict data privacy regulations and high levels of digital literacy. In Indonesia, the market is driven by the country's large and growing population, with a focus on developing local cloud solutions to cater to specific industry needs. Additionally, the government's efforts to improve internet infrastructure and promote digital transformation have contributed to the growth of the market.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market is heavily impacted by macroeconomic factors such as government initiatives, economic stability, and investment in infrastructure development. Countries with strong government support and stable economies are experiencing rapid growth in this market, while those with economic challenges and limited infrastructure investments are seeing slower growth. Additionally, the increasing global demand for digital transformation and the need for cost-effective and scalable IT solutions are driving the growth of the Infrastructure as a Service Market within the Public Cloud 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.