The Southeast Asia cloud computing market size was valued at USD 15.2 billion in 2017. The growth of cloud computing market is driven with the rise in e-commerce sector, and the cost effectiveness of the public cloud as compared to the conventional physical storage.
Cloud computing is primarily for sharing network of servers that serves centralized data to remote devices through internet. It is specifically referred to as a common storage platform through which multiple devices in the network can access data at once. This platform is not only cost efficient but also makes data available for access at any time and from any given location. It eliminates the need and expense for hardware setup, software update and many other time-consuming IT management tasks. It also reduces network latencies for applications that in return provides greater economies of scale. Huge amount of data can be provisioned within minutes that gives consumers great flexibility and increases efficiency of the work.
The global Southeast Asia Cloud Computing market is projected to reach US$ 611170 million by 2027, growing at a CAGR of 29.2%
Up until 2017, the private cloud market generated revenues worth USD 7.4 billion owing to the increase in medium and large enterprises. Over the next seven years, the use of private cloud is set to significantly increase due to increasing concerns for data breaching in the public cloud computing market. One of the contributing factors is the Infrastructure as a Service (IaaS), a model of private cloud which allows the company to customize infrastructure sources like network and storage as a device.
IaaS holds an approximate market share of 55% in the cloud computing market as of 2017 followed by Platform as a Service (Paas). IaaS is expected to witness a fair amount of growth in the coming years owing to increasing volume of business and acute financial data and other significant information among the businesses in multiple sectors. The telecom and information technology sectors is expected to witness a vigorous growth in the IaaS market as it generates huge amounts of data. The increased adoption of private platform executions has led to be the safest form of cloud deployment in spite of having high implementation costs. The cloud IaaS offers virtual server space particularly that of a virtualized software, network connections, and load balancers.
Thailand was at the leading position in revenue generation making up for 42% of the total market share owing to increased demand for cloud based data migration and disaster recovery solutions. The government has imposed quicker and new e-Governance initiatives with lower overhead costs solidifying better services without requiring the setup of substantial IT infrastructure.
The rise of cloud computing has one of the greatest impacts on healthcare industry which gives it ability to host information remotely across the globe for instant access of information and research. It also allows doctors to give direct advice to those in disaster zones or rural areas who comparatively have less experience. The IT and Telecommunication sector creates enormous amount of financial and business data and is seen to witness a high growth in the private cloud sector.
Key company profile in the Global Southeast Asia Cloud Computing Market Microsoft Azure, IBM, Aliyun, Google Cloud Platform Salesforce, Rackspace, SAP, Oracle, Vmware, DELL, EMC, Amazon, Akamai Technologies, CA Technologies, Alibaba, Cisco Systems and Google Inc. & among others.
Southeast Asia Cloud Computing Market Scope
| Metrics | Details |
| Base Year | 2020 |
| Historic Data | 2018-2019 |
| Forecast Period | 2021-2028 |
| Study Period | 2018-2028 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2028 | USD 40.32 billion |
| Growth Rate | CAGR of 12.3 % during 2021-2028 |
| Segment Covered | Deployment, Product, Organization, Regions |
| Regions Covered | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Key Players Profiled | Amazon, Akamai Technologies, CA Technologies, Alibaba, Cisco Systems and Google Inc. & among others. |
Key segments of the Global Southeast Asia Cloud Computing Market
by Type, 2022 to 2030 (USD Million)
- Infrastructure as a Service
- Platform as a Service
- Software as a Service
Deployment, 2022 to 2030 (USD Million)
- Public Cloud
- Private Cloud
- Hybrid Cloud
Product, 2022 to 2030 (USD Million)
- IT & Telecom
- BFSI, Aerospace & Defense
- Healthcare
- Manufacturing
- Government & Utilities
- Retail
Region Overview, 2022 to 2030 (USD Million)
- North America
- United States of America
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- the Netherlands
- Poland
- Russia
- The United Kingdom
- Rest of Europe
- Asia-Pacific
- China
- India
- Indonesia
- South Korea
- Rest of Asia-Pacific
- South America
- Argentina
- Brazil
- Peru
- Uruguay
- Rest of South America
Frequently Asked Questions (FAQ) :
The market value of southeast asia cloud computing market in 2025 was USD 40.32 billion.
The southeast asia cloud computing market is growing at a CAGR of 12.3% over the forecast period.
The application of the southeast asia cloud computing market IT & Telecom, BFSI, Aerospace & Defense, Healthcare, Manufacturing, Government & Utilities, Retail, Consumer Electronics and other.
The top companies that hold the market share in southeast asia cloud computing market are Amazon, Akamai Technologies, CA Technologies, Alibaba, Cisco Systems and Google Inc. & among others.
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