Public cloud market in mature APAC worth $7.3b

Enterprise Innovation editors
06 Nov 2015
00:00
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The public cloud services market in the mature Asia-Pacific region is on pace to grow 8.7% in 2015 to $7.3 billion, according to Gartner.

Cloud management and security services continues to be the fastest growth segment of the public cloud services market in the mature APAC region, as revenue is projected to increase 21% in 2015 to $234.3 million.

In 2015, public cloud spending in the mature APAC region will be just under Japan’s cloud spending of $7.3 billion.

By 2019, Gartner predicts that total public cloud services spending in the mature APAC region will rise to $12.9 billion.

By 2019, business process as a service (BPaaS) cloud services will make up 7.7% of the overall public cloud services market in mature APAC, platform as a service (PaaS) will represent 2.7% of the market, software as a service (SaaS) will be at 25.7%, cloud management/security services at 3.8%, infrastructure as a service (IaaS) will be at 8.3%, and the remaining 51.8% will come from cloud advertising.

Through 2019, SaaS and cloud management and security will be among the fastest growing public cloud services.

“Organizations continue to seek out IT solution delivery methods that are more responsive to changing business needs like public clouds,” said Fred Ng, senior research analyst at Gartner.

“Key factors driving cloud include organizational agility, cost benefits, increased innovation with the potential for transformation, and elements of user self-service and control when using cloud. Speed of deployment is also a primary driver of cloud usage, potentially capable of reducing setup time from days/weeks to days/hours.”

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