Cloud Hosting

IaaS holds an approximate market share of 55% in the cloud computing market as of 2017 followed by Platform as a Service (Paas). IaaS is expected to witness a fair amount of growth in the coming years owing to increasing volume of business and acute financial data and other significant information among the businesses in multiple sectors.

The report on Southeast Asia cloud computing market, documents a comprehensive study of different aspects of the cloud computing market. It focusses on the steady growth in market in spite of the changing market movement.

Every market intelligence report covers certain important parameters that can help analysts define the market situation. It includes a thorough analysis of market trends, market shares and revenue growth patterns and the volume and value of the market.

It also covers methodical researches.

Report: http://www.adroitmarketresearch.com/contactsample/383

The Southeast Asia cloud computing market revenue is estimated to reach USD 40.32 billion by 2025 driven by the increasing demand for the cloud computing among the emerging small and medium size business organizations in this region. The cloud computing technology has proven to be the ultimate leapfrog technology that allows companies in small countries such as Indonesia, Thailand or Myanmar to connect to the rest of the word and compete with them.

Cloud computing uses a network of remote servers on the internet to manage, sore and process data instead of using a local server. This technology has gained popularity among smaller and growing businesses due to its cost effectiveness instead of using a local server.

The Southeast Asia cloud computing market share growth is parallel to the growing demand for data. Data access has been one of the key cloud computing market trends in driving and assisting in the growth of small noisiness, improvement in the ecommerce industry and development of new technologies such as artificial development (AI).

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Singapore cloud computing market revenue share, by organization size, 2017 (%)

On the basis of organization size the Southeast Asia cloud computing market size was dominated by the small businesses primarily due to the presence of a large volume of small businesses across the region. Small business have financial restraints and have to operate on really tight budgets.

Therefore the installation and management of physical servers proves to be a costly affair to these businesses. Cloud computing platforms can cut costs as well render these small companies more competitive in the regional as well as the global markets.

These platforms establish a robust IT foundation for companies to incorporate the latest wave of technological developments in to their operations. This is one of the major cloud computing market trends that is expected to propel the market for this segment during the forecast period.

The Southeast Asia cloud computing market size is anticipated to be driven by Singapore during the forecast period and is expected to grow at a CAGR of more than 13%. The recent study by the Asia Cloud Computing Association (ACCA) projected Singapore as the most cloud ready country out of 14 Asia Pacific countries.

This is mainly due to the high quality of broadband services, enhanced cybersecurity and levels of business sophistication.

The Southeast Asia cloud computing market consists of major participants which includes Amazon, Akamai Technologies, CA Technologies, Alibaba, Cisco Systems and Google Inc. among others. The cloud computing market leaders are looking to this region for expanding further.

For instance, in August 2018, Google announced the building of its new data center in Singapore, and Alibaba Cloud has announced its second infrastructure zone in Malaysia. The expansion of Googles data centers in Singapore, takes the companys total investment to USD 850 million.

The launch of Alibabas new infrastructure in Malaysia will be certified for SAP hosting and bring new products such as elastic computing, database, networking and monitoring services to the market. These new developments from the cloud computing market leaders is expected to sustain the growth of the market during the forecast period.

Key segments of the Southeast Asia cloud computing market

Deployment Overview, 2015-2025 (USD million)

Product Overview, 2015-2025 (USD million)

Organization Size Overview, 2015-2025 (USD million)

Product Overview, 2015-2025 (USD million)

Country Overview, 2015-2025 (USD million)

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Southeast Asia Cloud Computing Market size to USD 40.32 billion by 2025 according to a new research report - WhaTech Technology and Markets News