The Asia Pacific Hyperscale Cloud Market would witness market growth of 35.8% CAGR during the forecast period (2023-2030).
The growing cloud usage in SMEs is among the most significant factors influencing hyperscale cloud market dynamics. Most IT businesses within SMEs require the sophisticated technology of cloud computing services to flourish and expand across multiple geographies. The market expanded due to a rise in SMEs' demand for cloud computing. The market has also been developing over the past few years due to growing IoT device penetration, increasing use of video streaming apps, growing AI adoption, growing internet traffic, growing data centres, etc.
The market is anticipated to expand quickly throughout the forecast period as a result of several recent trends, including SaaS vendors re-platforming onto hyperscale infrastructure, the acceleration of digital transformation, hyperscalers controlling the IT budget, rising 5G adoption, escalating edge computing, big data analytics, etc. Companies would progressively use IT to digitalize their service offerings, considerably increasing IT spending. This would enable hyperscalers to maintain high growth rates in the coming years.
The APAC region has witnessed substantial growth in cloud adoption. Businesses of all sizes, from startups to large enterprises, are migrating their workloads to hyperscale cloud platforms to gain agility, scalability, and cost-efficiency. Many organizations in APAC are adopting hybrid and multi-cloud strategies, leveraging hyperscale cloud providers alongside on-premise infrastructure to balance performance, compliance, and data sovereignty requirements. As businesses across various sectors leverage hyperscale cloud technologies, the region is experiencing significant economic and technological growth.
The China market dominated the Asia Pacific Hyperscale Cloud Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $141,167.8 Million by 2030. The Japan market is registering a CAGR of 34.9% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 36.6% during (2023 - 2030).
Based on Application, the market is segmented into Cloud Computing, IoT Applications, Big Data Analytics, and Others. Based on Industry, the market is segmented into Telecom & IT, Retail & E-commerce, BFSI, Manufacturing, Healthcare, Energy & Utilities, Automotive, and Others. Based on Enterprise Type, the market is segmented into Large Enterprises, Small & Medium Enterprises. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Hyperscale Cloud Market is Predict to reach $1784.3 Billion by 2030, at a CAGR of 34.9%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Atos Group, Google LLC (Alphabet Inc.), Amazon Web Services, Inc. (Amazon.com, Inc.), VMware, Inc., Hewlett Packard Enterprise Company (HP Development Company L.P.), Fujitsu Limited, IBM Corporation, Microsoft Corporation, Oracle Corporation, and Salesforce, Inc.
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