Gartner predicts that total public cloud services spending in the mature Asia pacific and Japan region will rise to $11.5 billion in 2018
The public cloud services market in the mature Asia/Pacific and Japan (APJ) region is on pace to grow 14.2% in 2015 to total $7.4 billion, up from $6.5 billion in 2014, according to Gartner, Inc. Cloud management and security services, the fastest growth segment of the cloud services market in mature APJ region, is expected to grow 29.9% in 2015 to $264.5 million.Gartner predicts that in 2018, total public cloud services spending in the mature APJ region will rise to $11.5 billion.
Many countries in the mature Asia/Pacific Japan region have solid reliable telecommunications infrastructure and relatively advanced technology usage profiles. Despite challenges in the global economy, we expect consistent and stable growth to continue through to 2018, said Ed Anderson, research vice president at Gartner.
By 2018, business process as a service (BPaaS) cloud services will make up 9.2% of the overall public cloud services market in APJ, platform as a service (PaaS) will represent 3% of the market, SaaS will be at 21.5%, cloud management/security services at 4%, infrastructure as a service (IaaS) will be at 9.8%, and the remaining 52.5% will come from cloud advertising.
Cloud management and storage and SaaS will be among the faster growing public cloud services during through 2018 as more enterprise and government users jump onto cloud services.
Increased intra-region integration in APJ across services and industries will drive public cloud usage as countries in this region break down borders through trade bloc agreements such as the ASEAN Economic Integration 2015 and the Trans Pacific Partnerships, which will drive more mobility, big data sharing and analytics and public cloud infrastructure and applications to support these initiatives, said Fred Ng, senior research analyst at Gartner.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
