Infrastructure as a Service - Southeast Asia

Revenue in the Infrastructure as a Service market is projected to reach US$5.46bn 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$14.72bn 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 Southeast Asia is witnessing considerable growth, fueled by factors like rising demand for online services, increasing awareness about health, and adoption of digital technologies. This growth is impacted by various factors such as government initiatives, rising investments in cloud infrastructure, and the need for efficient and cost-effective solutions.

Customer preferences: As Southeast Asia continues to rapidly develop and modernize, there has been a significant increase in demand for Infrastructure as a Service within the Public Cloud Market. This can be attributed to the region's growing digital economy and the need for efficient and scalable IT solutions. Furthermore, with the rise of remote work and online education, there has been a shift towards cloud-based infrastructure to support these activities. This trend is expected to continue as more businesses and organizations embrace digital transformation.

Trends in the market: In Southeast Asia, the Infrastructure as a Service market within the Public Cloud market is experiencing a surge in demand for cloud-based solutions, driven by the increasing adoption of digital transformation strategies by businesses. This trend is expected to continue as more organizations shift towards cloud-based infrastructure to improve agility, scalability, and cost-effectiveness. Additionally, with the emergence of 5G technology in the region, the demand for IaaS is expected to further accelerate as it enables faster and more efficient data processing and storage. This presents significant opportunities for industry stakeholders to tap into the growing market and provide innovative solutions to meet the evolving needs of businesses in Southeast Asia.

Local special circumstances: In Southeast Asia, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the region's diverse and rapidly growing economies. With a large population and increasing internet penetration, there is a strong demand for cloud services in countries like Indonesia, Thailand, and Vietnam. Additionally, the varying regulations and cultural norms in each country play a significant role in shaping the market landscape. For instance, in Singapore, the government's support for digital transformation initiatives has led to a highly developed and competitive cloud market, while in Malaysia, data sovereignty laws have driven the adoption of local cloud providers.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Southeast Asia is heavily influenced by macroeconomic factors such as technological advancements, government support, and investment in digital infrastructure. Countries with strong government policies and investments in cloud technologies are experiencing faster market growth compared to regions with limited government support and funding. Moreover, the increasing adoption of digital solutions and the rapid growth of the digital economy in Southeast Asia are driving the demand for cloud services, particularly in the Infrastructure as a Service segment. Additionally, the region's growing population and increasing digital literacy are also contributing to the expansion of the Public Cloud Market and driving the demand for Infrastructure as a Service solutions.

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.