Southeast Asia Cloud Computing Market Size, Share Report | 2022-2027 | Growth And Industry Demand

The market is primarily driven by escalating demand for cloud computing services across the region.

BROOKLYN, NEW YORK, UNITED STATES, February 28, 2023 /EINPresswire.com/ -- The latest report published by IMARC Group, titled “Southeast Asia Cloud Computing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The Southeast Asia cloud computing market is expected to exhibit a CAGR of 13% during 2022-2027.

Cloud computing is a technology providing on-demand computing services over the internet. It deploys a network of remote servers for storing, managing, and processing data accessible at any location and time. It consists of three kinds of services, including Platform-as-a-Service (PaaS), software-as-a-Service (SaaS), and Infrastructure-as-a-Service (IaaS). In addition, it is extensively used by corporations for application development and data storage, testing, and backup, resource management, and orchestration service. Nowadays, cloud computing is widely adopted in manufacturing, information, and technology (IT) and telecom, banking, financial services and insurance (BFSI), healthcare, media, and entertainment across the region.

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Market Outlook:

The market is primarily driven by escalating demand for cloud computing services across the region. In addition, the widespread adoption of cloud services among organizations owing to their several benefits, such as on-demand computing services and low initial infrastructure costs, are contributing to the market growth. Moreover, the sudden outbreak of the coronavirus (COVID-19) disease pandemic led to the growing popularity of hybrid and remote work culture, consequently increasing the demand for SaaS services that enable collaborative teams to access previously centralized data and analytics, representing another major growth-inducing factor. Besides this, the escalating demand for cloud-based infrastructure in the public sector to enhance security and improve customer experience is providing a positive thrust to the market growth. Furthermore, the implementation of favorable government initiatives, such as cloud-first and investments in research and development (R&D) activities among key players to provide innovative cloud solutions, is propelling the market across the region.

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Southeast Asia Cloud Computing Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the Southeast Asia cloud computing market has been studied in the report with the detailed profiles of the key players operating in the market.

Major Players Covered:

• Amazon Web Services
• Akamai Technologies, Inc.
• Alibaba Group Holding Limited
• Cisco Systems, Inc.
• Dell Technologies Inc.
• Google LLC
• Hewlett Packard Enterprise Company
• Huawei Technologies Co.
• Microsoft Corporation
• Nippon Telegraph and Telephone Corporation.

Key Market Segmentation:

The report has segmented the Southeast Asia cloud computing market on the basis of service, workload, deployment mode, organization size, vertical and region.

Breakup by Service:
• Infrastructure as a Service (IaaS)
• Platform as a Service (PaaS)
• Software as a Service (SaaS)

Breakup by Workload:
• Application Development and Testing
• Business Analytics
• Data Storage, Backup and Disaster Recovery
• Integration and Orchestration
• Collaboration and Content Management
• Others

Breakup by Deployment Mode:
• Public
• Private
• Hybrid

Breakup by Organization Size:
• Large Enterprise
• Small and Medium Enterprise

Breakup by Vertical:
• BFSI
• IT and Telecom
• Retail and Consumer Goods
• Energy and Utilities
• Healthcare
• Media and Entertainment
• Government and Public Sector
• Others

Breakup by Country:
• Indonesia
• Philippines
• Vietnam
• Malaysia
• Singapore
• Thailand
• Others

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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