Basis Point Share (BPS) Analysis by Country 13.1.2. Tencent at the end of last year overtook Google's market share in Asia-Pacific's cloud infrastructure services industry, with the former holding a 5.8% share to the latter's 4.7%, according to a new report by Synergy Research Group, a US-based market researcher.. That puts Tencent on rank 4 now, while Google takes 5th place, a shift from how things looked in Q 32018. US-based cloud communications platform vendor Twilio has retained its leadership in the global communications platform-as-a-service (CPaaS) market as the market segment sees major growth, especially in the Asia Pacific region. The rise in demand for multi-channel customer contacts ensures successful customer service delivery. Europe to Grab Second-Largest Share in Hybrid Cloud Market . Global Cloud ERP Market, by Organization 8.1. Read more AWS storms ahead as Q3 global cloud market . Introduction 13.1.1. . To record evaluate and competitive landscape mapping- product launches . Cloud Services in APAC. According to the report, AWS and Alibaba are the clear leaders in the Asia-Pacific cloud market, with AWS leading in . The other segments based on the service . The growth of cloud and industrialized services and the decline of traditional data center outsourcing (DCO) indicate a massive shift toward hybrid infrastructure services. For instance, in April 2019, the major south Korea-based telecom providers, Korea Telecom, LG Uplus, and SK Telecom launched 5G mobile networks nationwide. Rounding out the top five was India in fourth place with a predicted 2024 market share of 6.1 per cent, and then South Korea with 5.8 per cent. This program analyzes and explores the future IT hardware and software infrastructure that will provide the basis for future service delivery platforms, almost always in a hybrid cloud model. The bare metal cloud market competitive landscape provides details by competitor. The unique number of SaaS apps in usage per company was up by about 30% year over year, with companies averaging 137 in 2019 vs. 2018 (Blissfully, 2019). The development of regional markets and increasing shares of local players in foreign direct investments are the major factors promoting the fragmented nature of the market. The cloud services market is expected to grow from $396,103.3 million in 2020 to $ 798,843.9 million in 2025 at a rate of 15.1%. Large Enterprises 9. The Global Hybrid Cloud Market is expected to grow by registering a CAGR of 21.06% over the forecast period. APAC revenues from cloud infrastructure services reached almost $17 billion in Q4 and are growing at over 40% per year. North America North America, Europe, Asia Pacific, Latin America, and the Middle East. An IDC report shows the APAC region is prioritizing digital infrastructure investments to ensure long-term business resiliency and success. To grow the market share, key market players are employing a variety of business strategies such as new product launches, mergers and acquisitions, and collaborations. Microsoft Azure came in third with an 8% share of the APAC market. The SaaS model currently has the largest share of the market, at 45%, but with interest growing in operating advanced applications over the cloud, the PaaS model is the fastest growing segment, projected to grow by . When it comes to public cloud services, Amazon Web Services (AWS) remains the global market share leader at 33 percent followed by Microsoft Azure (13 percent) and Google Cloud Platform (6 percent), according to Synergy Research Group. . The global cloud services market reached a value of nearly $396,103.3 million in 2020, having increased at a compound annual growth rate (CAGR) of 12.5% since 2015. Public IaaS is by far the largest segment in the region, followed by public PaaS and managed private cloud services. According to Bartels, "all three hyper scales increase rapidly but shrink in size.". As of April 2021, Canalys reports that the worldwide cloud market grew 35% this quarter to $41.8 billion. China will continue to dominate the Asia-Pacific (APAC) cloud computing market during the period 2019-2024 with one-third revenue market share, says GlobalData. RENO, Nev., Sept. 16, 2020 (GLOBE NEWSWIRE) -- New Q2 data from Synergy Research Group shows that Amazon (AWS) and Alibaba are clear leaders in the APAC region cloud market . The growing application of cloud computing and advancements in the hybrid cloud deployment model is expected to enhance the market growth. The Asia-Pacific mobile cloud market is moderately consolidated, with many players cornering a minimal share. The Asia Pacific hybrid cloud market was valued at $XX billion in 2018 and is projected to reach $XX billion by 2027 at a CAGR of 22.03% from 2019 to 2027. While basic services such as IaaS, PaaS and SaaS are still the largest market driver, there is a growing demand for multi-cloud management, cloud . Finance and Accounting 8. [346 Pages Report] The global Cloud Computing Market size is expected to grow from USD 445.3 billion in 2021 to USD 947.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period. According to GlobalData's Market Opportunity Forecasts Model, the APAC cloud computing market is set to grow at a compound annual growth rate (CAGR) of 19.0% during 2018-2023, accounting for nearly 30% of the overall market, behind only North America, which is estimated to have a market share of 33%. It remained the leading cloud service provider in the Asia Pacific region, including China. The cloud infrastructure of this solution offers the best service in reliable storage, AI-driven analytics and other services. The wallet share distribution of the largest cloud hosting providers in APAC The global brands that are spending the most on cloud services in top APAC markets The companies that are spending between $20,000 and $500,000 on cloud infrastructure, representing huge opportunity in-region by Joe Panettieri Aug 2, 2018. computing market well into next year. In 2020 Google was investing heavily in sales staff, resulting in an operating loss of $5 billion and an overall $13 billion revenue. The finance cloud market is anticipated to show promising growth prospects in the forecasted period 2022-2032. With the omni-cloud computing system, the data location system is more accurate and ordered. Since then, Salesforce has consistently grown revenue each year. The company's cloud computing subsidiary, Alibaba Cloud, led the Asia Pacific market with a market share of 19.6 percent in 2018, and at the top of the market in Asia, and leading in China with cloud revenue up 66 percent year-over-year. Platform segment projected to hold largest market share North America dominated the cloud database market in 2020 with a market share of 41.5%, followed by the Asia-Pacific and Europe. Japan and China constitute to be the forerunners in Asia Pacific cloud infrastructure market. The growth is mainly due to the IoT technology . In terms of cloud market share in the Asia Pacific region, Amazon Cloud Services AWS ranks first, Alibaba Cloud ranked second and Microsoft Cloud ranked third, based on data from the Synergy Research Group's Q2 2020 report. Asia Pacific Private Cloud Demand Share, 2019-202613. Aug 25, 2022 In the first quarter of 2022, the most popular vendor in the cloud infrastructure services market, Amazon Web Services (AWS), controlled 33 percent of the entire market.. Oracle Cloud is used by all sized companies such as small and mid-sized businesses to large enterprises. 3.1.2 Global Financial Cloud Market Size Market Share by Players (2017-2019) 3.2 Global Financial Cloud Key Players Head office and Products Offered . Inventory and Order Management 7.4. Other cloud providers in the APAC top 20 include JD Cloud, Kingsoft, Oracle, Salesforce, Sinnet and Singtel. Other cloud providers in the APAC top 20 include JD Cloud, Kingsoft, Oracle, Salesforce, Sinnet and Singtel. [301 Pages Report] The global cloud-based contact center market size is to grow from USD 17.1 billion in 2022 to USD 54.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 26.1% during the forecast period. Global Bare Metal Cloud Market Scope. As per the market analysis report of FMI, it is expected to witness a strong CAGR of 13.4% between the forecasted years of 2022 to 2032. This region is in the growth phase has the fastest growth rate for the global hybrid cloud market. 6.1.2 APAC Hybrid Cloud Revenue by Region (2017-2022) 6.2 APAC Hybrid Cloud Sales by Type Japan is one of the largest public cloud markets in APAC, and is expected to develop further, from US$8 billion in 2018 to US$18 billion in 2023, with a compound annual growth rate of . Cloud Computing Market Size and Forecast Cloud Computing Market size was valued at USD 325.30 Billion in 2021 and is projected to reach USD 1,225.12 Billion by 2030, growing at a CAGR of 14.1%from 2022 to 2030 Y-o-Y Growth Projections by Country 13.1.3. The servers can be rented on a monthly "pay-as-you-use" basis from IBM data centres in North America, Europe, and the Asia-Pacific area. Public IaaS is by far the largest segment in the region, followed by public. Bare Metal Cloud Market Analysis Consist data of 2022-2027: "The global Bare Metal Cloud market size was valued at USD 4331.69 million in 2021 and is expected to expand at a CAGR of 25.87%. For instance, In November 2019, Sprint Corporation and Ooma, Inc. formed a partnership. The finance cloud market is expected to record a CAGR of 12.4% during the forecast period 2022-2032, up from US$ 23.67 Billion in the year 2022to reach a valuation of US$ 90.11 Billion by 2032. For 2019 to 2023, the global SaaS market is predicted to be worth $60.36 billion, registering a 9% CAGR within the four-year period (Technavio, 2019). The continued quest for cloud based applications There has been a big shift in IT consumption models for enterprises, with many CIOs becoming more aware of the benefits of cloud based applications and increasingly exploring Software-as-a-Service (SaaS). On a geographical perspective, China was the largest market for public cloud services in 2020 having spent $19.4bn, followed by Australia ($5.2bn) and India ($3.5bn). Japan's Market Report. The companies that use Oracle cloud are Vendavo, eVergeGroup, Infovity, Link Solutions and others. It delivers services to more than 150,000 businesses globally. 1. According to Gartner Research, customer growth in the APAC region was 27.8% in 2020 and the software market grew 13% to a figure of $99 billion, adding $11 billion to the software market overall. While technology spending in APAC has increased, the setback due to the recent COVID-19 pandemic is imminent. Microsoft Azure now has 33% of the market, while Google Cloud holds 15%. Small & Medium Enterprises 8.2. Alibaba Cloud grew 54% in Q4 2020 to account for 6% of the total market. Cloud Services Leadership - APAC Region APAC revenues from cloud. Asia Pacific public cloud services spending up nearly 29% in 2021. In comparison, the conventional DCO market is shrinking . Download PDF. Another GlobalData report. Tencent's share of the global cloud infrastructure services market, which includes IaaS (infrastructure-as-a-service), PaaS (platform-as-a-service) and hosted private cloud services, stood at 2% . Competitive Landscape and Bare Metal Cloud Market Share Analysis. Asia Pacific Average Pricing Analysis 13.2. Singapore has highly penetrated public cloud market in APAC region, expected to grow at 20% CAGR to US$3.5 billion by 2023. . North America has the largest market share. In the APAC region, the global hybrid cloud market is predicted to grow at a fast pace over the forecast period and at a stellar 29. . The market is estimated to be moderately fragmented with the top 10 players acquiring around 40% of the global personal cloud market share in 2018. Today, in 2021, annual revenue stands at $21.25 billion. Middle East & Africa Private Cloud Market Analysis and Forecast 13.1. Asia Pacific Cloud Storage Market Size & Growth Report The cloud storage market in Asia-Pacific is estimated to grow the market by 24.2% CAGR during the forecast period (2022 - 2027). The report also showed Alibaba Group's position in various vertical sectors in global IaaS market including education (1 st), banking and securities (3 rd), utilities (3 rd) and retail (3 rd).Alibaba Group saw its IaaS market share in the global education . Y-o-Y Growth Projections by Country 13.1.3. The Asia-Pacific cloud market is segmented by the user (enterprise and consumer), entertainment, application (gaming, finance and business education, healthcare, travel, and other applications), and geography. North America dominated the global Cloud ERP market share, accounts for more than 32%, followed by Europe and APAC. Japan cloud infrastructure market is expected to reach US 33.7 Billion by 2024. Human Capital Management 7.2. Owning a 5% public cloud market share according to Parkmycloud, Alibaba has generated revenues of $11.7 billion USD worldwide at the end of the fiscal year 2022, which is an impressive growth of 23% year over year. Specially, public infrastructure-as-a-service (IaaS) is the largest segment in the region, followed by public platform-as-a-service (PaaS) and managed private cloud services. This is according to new data by market analyst firm Synergy Research Group, which suggested that during the second . Industrial Cloud Market Syndicate Report, Share, Size and Forecast Reports - US and UK sales@futurewiseresearch.com ; UK : +44 141 628 9353; US : +1 347 709 4931; Contact Us; Why Work With Us . Based on the geography the market witnessed maximum growth in APAC and the region is expected to continue its dominance in the market during the forecast period. Factors such as s ecurity and. It will examine public, private, hosted, and hybrid cloud services as well as the issues around the . Introduction 13.1.1. Hybrid Cloud Market- Industry Trends & Forecast Report 2028 The hybrid cloud market was worth USD 60.6 billion in 2021 and is further projected to reach USD 209.8 billion by the year 2028, growing at a CAGR of 19.40% during the forecast period 2022-2028. Moreover, the outbreak of the COVID-19 has impacted the Asia-Pacific cloud computing market in a positive manner. Cloud-based XaaS continues to dominate this market, accounting for 80 percent of combined market ACV year to date. Per a report from GlobalData, the cloud computing market in the APAC is expected to hit $191.8 billion by 2024, witnessing a CAGR of 7.7% between 2019 and 2024. Another GlobalData report. The market is expected to grow at a CAGR of 26.7% over the forecast period to reach a valuation of 8.0 Billion USD in 2026. Market Overview: A 221.3x increase since 2004. Cloud database adoption by region. 11.APAC Market Analysis By Revenue Type Market . Asia/Pacific Cloud: Delivery Platforms. "Hyperscale providers are continuing to build distributed cloud and edge solutions that extend the public cloud's reach . The worldwide infrastructure as a service (IaaS) market grew 40.7% in 2020 to total $64.3 billion, up from $45.7 billion in 2019, according to Gartner, Inc. Amazon retained the No. APAC Cloud-Based Contact Center Market Size & Growth (2021 - 2026) The Asia Pacific Cloud-Based Contact Center Market is currently valued at 2.4 Billion USD in 2020. Market Report Description The Asia Pacific Public Cloud Market would witness market growth of 18.1% CAGR during the forecast period (2020-2026). Per a report from GlobalData, the cloud computing market in the APAC is expected to hit $191.8 billion by 2024, witnessing a CAGR of 7.7% between 2019 and 2024. Public IaaS is by far the largest segment in the region, followed by public PaaS and managed private cloud services. It updated its hybrid cloud strategy during the quarter, with the launch of its Hybrid Cloud Partner Program and on-premises appliances targeting small and medium-sized businesses. The company first went public in 2004. Cloud ERP Market, by Region 9.1. Gartner also found that Alibaba Cloud has retained its position as the third-largest cloud service provided in terms of. Asia Pacific holds one of the largest market share in the global cloud computing market due to surging data center penetration. Contacts Luica Mak Alibaba Group +44 790 547 1332. Asia-Pacific cloud kitchen market share will gather around 60% market share in coming years; North America cloud kitchen market growth recorded substantial CAGR during the forecast timeframe from . Basis Point Share (BPS) Analysis by Country 13.1.2. APAC's rising cloud. It is owing to the highest rate of adoption of cloud, analytics, IoT, big data, mobility, and digital transformation technologies in the U.S., Canada, and Mexico. AWS has 32% of the market, followed by Azure at 19%, Google at 7%, Alibaba Cloud close . Growth in the demand for cloud computing in the historic period stemmed from a growing desire for companies to shift their IT resources to third parties in order to reduce operating costs. But that was down from an 83 percen.. We have updated our terms and conditions and privacy policy Click "Continue" to accept and continue with ETCIO SEA. 7. Asia Pacific Cloud Security Demand Share, 2019-2026 13. Alibaba Group's market share in the global IaaS market climbed to 9.5% in 2020, up from 8.8% the year earlier, according to the report. According to Forrester Vice President and Senior Analyst Andrew Bartels, Amazon Web Services' market share will fall from 68% in 2018 to 56% in 2022. 1 position in the IaaS market in 2020, followed by Microsoft, Alibaba, Google and Huawei. The Asia-Pacific Cloud Computing Market is becoming more mainstream thanks to the accelerating adoption of cloud technology, along with the constant improvement in technologies, especially in India, China, Japan, and Singapore. According to GlobalData's Market Opportunity Forecasts Model, the cloud computing market revenue in China is estimated to grow at a compound annual growth rate (CAGR) of 7.2% during . Alibaba Cloud has the third biggest global market share for IaaS and first in Asia Pacific in 2019, said Gartner in its latest report. According to IndustryARC, a major factor contributing to the North American dominance is the presence of large cloud database vendors like Amazon, Google, and Oracle. Details included . Japan is one of the largest public cloud markets in APAC, expected to grow at 18% CAGR from US$8 billion (2018) to US$18 billion (2023). 12.11. Middle East & Africa Cloud Security Market Analysis and Forecast 13.1. Salesforce is the world's leading cloud-based software provider. The cloud market in Asia-Pacific is expected to grow from US$133bn in 2019 to US$288bn in 2024 at a CAGR of 16.8% (source: GlobalData Cloud Computing Market Opportunity Forecast, 2019 - 2024). 4.3 APAC Financial Cloud Market Size Growth 4.4 Europe Financial Cloud Market Size Growth 4.5 Middle East & Africa Financial Cloud Market Size Growth Chapter Five: Americas 2.5.1 Global Hybrid Cloud Sale Market Share by Application (2017-2022) . APAC revenues from cloud infrastructure services were over $9 billion in Q2 and are growing at over 40% per year. Still, the market share race varies from region to region with rivals like Alibaba, IBM, Salesforce and Tencent . Firebase remains a highly-demanded BaaS platform despite it being run on the top of Google Cloud. Google Cloud Market Share The market share of Google Cloud in infrastructure, as a service market, is 7% per Canalys. Saas Growth Rate Statistics. Following Amazon's AWS, Google Cloud, and Microsoft Azure, Alibaba Cloud is dominating the Asia region . Asia Pacific Average Pricing Analysis 13.2. In total, cloud infrastructure services revenues in APAC were over $9 billion in Q2 and are growing at a rate of over 40% a year. The Asia Pacific cloud computing market is expected to grow at a CAGR of around 15.6% during 2021-2027. APAC revenues from cloud infrastructure services were over $9 billion in Q2 and are growing at over 40% per year. Sales and Marketing 7.3. (41% share), followed by Platform as a service (PaaS) (12%). This report on Asia Pacific cloud computing market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. Global Cloud ERP Market, by Component 7.1. 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