MarketBite

Infrastructure-as-a-service to boom. – APAC – Ovum

Posted on: November 11, 2011


  • The Asia Pacific region is set to adopt public cloud computing services at a faster rate than the rest of the world over the next six years, according to predictions from analyst group Ovum.
  • The region’s cloud computing industry will grow at a compound annual rate of 34.2 percent between 2010 and 2016, the analyst group forecast this week.
  • Ovum could not break down those figures by country on request.
  • Most of the growth would be in the infrastructure-as-a-service market, the analyst group said, which was far less mature in the Asia Pacific region than software-as-a-service today.
  • This fiscal year, Ovum expects SaaS to generate US$2.6 billion in the region and US$18.2 billion worldwide. The market will grow to around US$8 billion in 2016, it reported.
  • That represented a slower rate of growth than infrastructure-as-a-service, which would generate only US$180 million this fiscal year but more than US$2.6 billion by 2016, Ovum reported.
  • Similarly, platform-as-a-service would generate US$90 million this fiscal year but over US$1.7 billion by 2016, Ovum said.
  • Despite the strong growth rates in the Asia Pacific, Ovum expected North America to continue to be the largest consumer of these services, representing half (US$33 billion) of the global cloud computing market by 2016 (US$66 billion).

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