Southeast Asia cloud computing market growth is driven by increasing demand for the cloud computing among the emerging small and medium size business organizations in this region.
Dallas, United States - December 15, 2021 /MarketersMedia/ —
Owing to benefits such as scalability, reduced IT costs, business continuity, collaboration efficiency, the flexibility of workforce practices, access to automatic updates, cloud computing is experiencing increased adoption in South East Asia, thus fostering progress in Southeast Asia cloud computing market. 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.
Factors such as businesses working on expanding their digital footprint, increased pressure on businesses to adopt new technologies during the pandemic due to remote working models, and supporting e-commerce and supply chain management have driven the Southeast Asia cloud computing market. Furthermore, benefits like lower cost, resilient infrastructure, cloud-based communication solutions like Webex and Microsoft Teams helping businesses stay connected are growth drivers of Southeast Asia cloud computing market.
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The major players in Southeast Asia cloud computing market are Hire Quality Software, Aristi Cybertech Private Limited, db Solution, Neos IT, TmaxSoft Inc, AplusHosting.asia, Softline Group, Adastra (Thailand), Demeter ICT, ImpactQA, PT. EIKON Technology, ICS Compute, and Luminary among others. These companies provide full-cycle services. The companies offer cloud computing services related to infrastructure, software, applications, services, products, to operating system. These are the most popular cloud computing service providers in Southeast Asia cloud computing market as they offer services in various offers, pricing, and features. Thus these companies lead in the IaaS position driving their share in Southeast Asia cloud computing market. Their offerings range from computing, machine learning, mobile developer tools, to enterprise applications and blockchain. Services provided by these companies are used by millions of customers.
The Southeast Asia cloud computing market is classified based on deployment, product, organization, application and region. The deployment type is further classified into public, private, and hybrid cloud. Among these, the private cloud deployment type is poised for substantial growth in Southeast Asia cloud computing market owing to factors such as better security than public cloud, total cost of ownership, efficiency & control, customization, security & privacy, compliance, ensured business continuity, and geographic availability are some major factors increasing the demand for private cloud thereby driving its share in Southeast Asia cloud computing market.
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Report Scope
Study Period: 2018 - 2025
Base Year: 2020
Fastest Growing Market: Southeast Asia
Largest Market: Thailand
Market Value: USD 40.32 Billion
Indonesia and Thailand held the largest share of the Southeast Asia cloud computing market due to rise in data centre consolidation, inauguration of new data centres, driving demand for hosting infrastructure services. Also, the swift growth in internet users and business transitioning based on cloud computing are the growth factors of Southeast Asia cloud computing market in Indonesia and Thailand.
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Table of Content:
Executive Summary
Research Methodology
Market Outlook
Cloud Computing Market Overview, By Deployment
Cloud Computing Market Overview, By Product
Cloud Computing Market Overview, By Organization
Cloud Computing Market Overview, By Application
Cloud Computing Market Overview, By Region
Industry Structure
Company Profiles
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Website: https://www.adroitmarketresearch.com/industry-reports/southeast-asia-cloud-computing-market
Source: MarketersMedia
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