Key regions: United Kingdom, China, France, Netherlands, Germany
The Infrastructure as a Service market in Eastern Asia has been experiencing significant growth in recent years. Customer preferences in the region have been shifting towards cloud-based solutions due to the numerous benefits they offer. Businesses in Eastern Asia are increasingly looking for flexible and scalable infrastructure solutions that can support their growing needs. Cloud-based infrastructure allows companies to easily scale up or down their resources based on demand, which is particularly appealing in a region known for its rapid economic growth and dynamic business environment. Additionally, the pay-as-you-go pricing model of Infrastructure as a Service (IaaS) allows businesses to optimize their costs and only pay for the resources they actually use. Trends in the market show a growing adoption of IaaS solutions across various industries in Eastern Asia. The region is home to some of the largest technology companies in the world, and these companies have been driving the demand for cloud infrastructure. They require robust and scalable infrastructure to support their operations and deliver their services to a large customer base. Furthermore, the increasing digitization of businesses in the region has led to a greater need for cloud-based solutions to support data storage, processing, and analysis. Local special circumstances in Eastern Asia also contribute to the growth of the IaaS market. The region has a high population density and limited physical space, making it challenging for businesses to build and maintain their own data centers. This has led to a greater reliance on cloud infrastructure, where businesses can outsource their IT infrastructure needs to third-party providers. Additionally, the region is known for its strong internet connectivity and advanced telecommunications infrastructure, which further supports the adoption of cloud-based solutions. Underlying macroeconomic factors in Eastern Asia also play a role in the development of the IaaS market. The region has been experiencing rapid economic growth, with countries like China, Japan, and South Korea leading the way. This growth has led to an increase in business activities and a greater demand for IT infrastructure. Furthermore, the region has a large and growing middle class, which is driving the adoption of digital services and online businesses. These factors create a favorable environment for the growth of the IaaS market in Eastern Asia. In conclusion, the Infrastructure as a Service market in Eastern Asia is experiencing significant growth due to customer preferences for flexible and scalable infrastructure solutions, the increasing adoption of cloud-based solutions across industries, local special circumstances such as limited physical space and advanced telecommunications infrastructure, and underlying macroeconomic factors such as rapid economic growth and a growing middle class.
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.
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