Infrastructure as a Service - Taiwan

  • Taiwan
  • In Taiwan, revenue in the 0 market is anticipated to reach US$0.88bn in 2024.
  • The Infrastructure as a Service market is expected to dominate the market with a projected volume of 0 in the same year.
  • Furthermore, revenue is predicted to exhibit an annual growth rate (CAGR 2024-2029) of 20.33%, leading to a market volume of US$2.22bn by 2029.
  • In a global context, the United States is expected to generate the highest revenue, amounting to US$77,050.00m in 2024.
  • Taiwan's Infrastructure as a Service market is increasingly driven by government initiatives promoting digital transformation and enhancing cloud adoption among local enterprises.

Key regions: United Kingdom, China, France, Netherlands, Germany

 
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Analyst Opinion

The Infrastructure as a Service market in Taiwan is witnessing considerable growth in the Public Cloud market, driven by factors such as increasing demand for digital services, growing awareness about health, and the convenience of online health solutions. This market is expected to continue its upward trend due to the rising adoption of digital technologies and advancements in the healthcare sector.

Customer preferences:
With the growing adoption of cloud computing in Taiwan, there has been a notable shift towards Infrastructure as a Service (IaaS) within the Public Cloud market. This can be attributed to the increasing demand for flexible and cost-effective solutions, as well as the rise in remote work and virtual collaboration. Additionally, there is a growing trend towards utilizing advanced cloud-based technologies, such as Artificial Intelligence and Machine Learning, to enhance business operations. This shift towards IaaS is also driven by the cultural value placed on efficiency and innovation in the Taiwanese market.

Trends in the market:
In Taiwan, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand due to the increasing adoption of cloud computing by businesses and government agencies. This trend is driven by the need for cost-effective and flexible IT infrastructure solutions. Additionally, there is a growing focus on digital transformation and the use of emerging technologies such as AI and IoT, which are driving the growth of the IaaS market. This trajectory is significant as it indicates a shift towards more efficient and agile IT infrastructure, which can lead to improved business performance and competitiveness. For industry stakeholders, this trend presents opportunities for growth and innovation, but also poses challenges in terms of security and data privacy. As the IaaS market continues to evolve, it is crucial for stakeholders to stay updated and adapt to these trends to stay competitive in the rapidly changing landscape.

Local special circumstances:
In Taiwan, the Infrastructure as a Service Market within the Public Cloud Market is heavily influenced by the government's efforts to promote digital transformation. With the country's advanced technology infrastructure, businesses are increasingly adopting cloud-based solutions for their IT needs. Additionally, Taiwan's cultural emphasis on efficiency and innovation has led to a highly competitive market, with local players offering customized services tailored to the needs of Taiwanese businesses. Furthermore, the country's strict data privacy laws and regulations have created a secure environment for businesses to store and manage their sensitive information on the cloud. These unique factors have contributed to the rapid growth and adoption of Infrastructure as a Service in Taiwan's Public Cloud Market.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Taiwan is greatly impacted by macroeconomic factors such as government initiatives, technological advancements, and foreign investments. With the Taiwanese government promoting digital transformation and investing in infrastructure development, the demand for public cloud services is expected to increase. Furthermore, the country's strong economic growth and stable fiscal policies have created a conducive environment for businesses to adopt cloud solutions. Additionally, Taiwan's strategic location and robust telecommunications infrastructure have attracted foreign investments, leading to the growth of the public cloud market. Ultimately, these macroeconomic factors contribute to the overall growth and competitiveness of the Infrastructure as a Service Market within the Public Cloud Market in Taiwan.

Methodology

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.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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