Infrastructure as a Service - Eastern Asia

Revenue in the Infrastructure as a Service market is projected to reach US$39.14bn 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 21.54%, resulting in a market volume of US$103.80bn 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 Eastern Asian market for Infrastructure as a Service (IaaS) in the Public Cloud is experiencing considerable growth, driven by factors such as increasing demand for digital technologies, growing awareness about health, and the convenience of online health services. These factors have contributed to the rapid growth rate of this market in the region.

Customer preferences: As more businesses in Eastern Asia adopt cloud-based infrastructure, there is a growing demand for Infrastructure as a Service (IaaS) solutions in the Public Cloud Market. This trend is driven by the need for increased scalability and cost-effectiveness, as well as a shift towards remote work arrangements. Additionally, cultural values such as efficiency and innovation play a significant role in the adoption of IaaS solutions. With the rapid growth of the digital economy in this region, the demand for IaaS is expected to continue to rise.

Trends in the market: In Eastern Asia, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand as organizations shift towards remote work and digital transformation. This trend is expected to continue as businesses prioritize agility and cost-efficiency. Additionally, there is a growing emphasis on data security and privacy, leading to the adoption of cloud-based solutions. These trends have significant implications for industry stakeholders, as they must adapt to the changing landscape and offer innovative solutions to meet the evolving needs of their clients. For instance, cloud service providers may need to invest in robust security measures and expand their service offerings to include advanced analytics and AI capabilities to stay competitive in the market.

Local special circumstances: In China, the Infrastructure as a Service Market within the Public Cloud Market is heavily influenced by the country's strict data privacy laws. These regulations require foreign cloud providers to partner with local companies to store and manage data, leading to a rise in domestic cloud providers. Additionally, cultural factors such as the preference for local brands and government support for domestic companies also contribute to the dominance of local players in the market.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Eastern Asia is greatly impacted by macroeconomic factors such as economic growth, government policies, and investment in digital infrastructure. Countries with strong economic growth and favorable government policies are likely to experience faster market growth compared to those with economic challenges and regulatory constraints. Additionally, the increasing digitalization of business processes and the growing demand for cloud-based solutions are driving the growth of the Infrastructure as a Service Market in the region. Furthermore, the rising adoption of advanced technologies, such as artificial intelligence and internet of things, is also contributing to the growth of the market in Eastern Asia. These factors are expected to continue to drive the growth of the Infrastructure as a Service Market within the Public Cloud Market in the region.

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.