The public cloud services market in Asia Pacific will reach $165.2 billion in 2026 as cloud migration continues to accelerate, according to IDC report.
“Cloud technologies are the core building blocks for the future of digital infrastructure that can meet these challenges.” says Estelle Quek, Senior Research Manager, Cloud Services, IDC Asia Pacific.
Infrastructure as a service (IaaS) will achieve a market value of $80.7 billion and make up 48.8 percent of the Asia Pacific PCS market in 2026. More organizations will accelerate IaaS adoption to reduce risks associated with capital expenditure to operate more efficiently and profitably.
Organizations are progressively pursuing consistent, security, performance, and compliance across all resources by deploying, operating, and scaling digital infrastructure in dedicated datacenters (DCs), private cloud, PCS, and edge locations.
Platform as a service (PaaS) will reach a market value of $27.4 billion, contributing to 16.6 percent of Asia Pacific PCS market in 2026. Growth is fueled by organizations that are gradually shifting application development in-house to have better control and those exploring ways to allocate development functions to non-IT staff using low-code/no-code platforms.
Software as a service (SaaS) will grow almost three times from $20.8 billion in 2021 to $57.1 billion in 2026, contributing to 34.6 percent of the entire Asia Pacific PCS market. SaaS growth is attributed to continual adoption of core enterprise applications, such as customer relationship management (CRM) and enterprise resource management (ERM).