Asia-Pacific Cloud Computing Services Market Analysis, Forecast to 2022, new analysis from Frost & Sullivan’s Communication Services Growth Partnership Service program, looks at technology, competitive and adoption trends in the cloud computing services market in the ASEAN region (Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam), Greater China region (Mainland China, Hong Kong, and Taiwan), India, Japan, South Korea, Australia, and New Zealand.
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Additionally, it is noteworthy that the “Big 3” public cloud vendors – Amazon Web Services, Microsoft Azure, and Google – are emerging as heavyweights in the cloud ecosystem due to their compelling “high-volume, low-margins” business models. Thus, competing in the managed cloud space also allows service providers to avoid head-on competition with the “Big 3” public cloud services providers.
“Scale ranks lower in importance in private cloud as infrastructure sharing is largely confined within the enterprise network, thereby making private clouds compelling as competitive strategies for cloud vendors,” said Frost & Sullivan Data Centre & Cloud Computing Industry Analyst Yu Xuan Ng. “With most vendors viewing the public cloud as a red ocean, competition in the private cloud space will only pick up pace.”
Separately, with the rise of the Internet of Things (IoT), the cloud is instrumental in enabling IoT applications to be developed and delivered. More enterprises in APAC are also redesigning their networks and deploying cloud services to deal with the explosion of data.
“Over the next three to five years, the APAC cloud market will gravitate towards a hybrid deployment model, which is part premises based and part cloud based,” noted Yu Xuan. “Cloud vendors, for their part, will work on developing cloud-native ICT environments that support IoT, big data analytics, and mobile solutions.”
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Asia-Pacific Cloud Computing Services Market Analysis, Forecast to 2022
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SOURCE Frost & Sullivan