Infrastructure as a Service - Southern Asia

  • Southern Asia
  • Revenue in the Infrastructure as a Service market is projected to reach €4.24bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 25.76%, resulting in a market volume of €13.34bn by 2029.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach €5.85 in 2024.
  • In global comparison, most revenue will be generated in the United States (€72,590.00m in 2024).

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

 
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Analyst Opinion

The Infrastructure as a Service market in Southern Asia is experiencing significant growth due to increasing customer preferences for scalable and cost-effective IT infrastructure solutions.

Customer preferences:
Customers in Southern Asia are increasingly opting for Infrastructure as a Service (IaaS) solutions due to their flexibility and scalability. With IaaS, businesses can easily scale their IT infrastructure up or down based on their needs, allowing them to quickly adapt to changing market conditions. Additionally, IaaS eliminates the need for businesses to invest in and maintain their own physical infrastructure, reducing costs and improving operational efficiency.

Trends in the market:
One of the key trends in the IaaS market in Southern Asia is the adoption of cloud-native technologies. Businesses are increasingly leveraging cloud-native platforms, such as containers and serverless computing, to develop and deploy applications more efficiently. These technologies enable businesses to build and run applications in a distributed and scalable manner, further driving the demand for IaaS solutions. Another trend in the market is the increasing focus on data security and compliance. As businesses in Southern Asia handle sensitive customer data, there is a growing need for robust security measures and compliance with data protection regulations. IaaS providers are addressing this demand by offering enhanced security features, such as data encryption and access controls, to ensure the protection of customer data.

Local special circumstances:
Southern Asia is home to a large number of small and medium-sized enterprises (SMEs) that are looking for cost-effective IT solutions. IaaS provides these businesses with an affordable alternative to traditional on-premises infrastructure, allowing them to access enterprise-grade IT resources without the need for significant upfront investments. Additionally, the region's growing startup ecosystem is driving the demand for IaaS solutions, as these companies often have limited resources and require scalable infrastructure to support their growth.

Underlying macroeconomic factors:
The growing digital transformation initiatives in Southern Asia are contributing to the development of the IaaS market. Governments in the region are investing in digital infrastructure to drive economic growth and improve public services. This includes the development of smart cities, e-governance initiatives, and the expansion of digital connectivity. These initiatives create a favorable environment for the adoption of IaaS solutions, as businesses require robust and scalable infrastructure to support their digital transformation efforts. Furthermore, the increasing internet penetration and smartphone adoption rates in Southern Asia are driving the demand for cloud-based services. As more individuals and businesses come online, there is a growing need for cloud infrastructure to support the storage and processing of data. This, in turn, is fueling the growth of the IaaS market in the region. In conclusion, the Infrastructure as a Service market in Southern Asia is experiencing significant growth due to customer preferences for scalable and cost-effective IT infrastructure solutions. The adoption of cloud-native technologies, focus on data security and compliance, and the presence of a large number of SMEs and startups are driving the demand for IaaS solutions. Additionally, the region's digital transformation initiatives and increasing internet penetration rates are contributing to the development of the market.

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.

Vue d’ensemble

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