Insights on the ASEAN and Taiwan Cloud Infrastructure-as-a-Service Market - Forecast to 2025 - ResearchAndMarkets.com
Summary
DUBLIN--(BUSINESS WIRE)--The "ASEAN and Taiwan Cloud Infrastructure-as-a-Service Market, Forecast to 2025" report has been added to ResearchAndMarkets.coms offering. Enterprises are looking to deploy more open-source private cloud platforms across hybrid environments, as hybrid-IT emerges as a new norm. The adoption of multicloud solutions will accelerate owing to factors such as the migration of development applications to the public cloud and disaster recovery and business continuity purposes. Active government initiatives such as Smart Cities in developing countries and key digital hubs present new monetization opportunities for service providers in developing verticalized cloud solutions to address governments digital transformation ambitions. Established data center markets such as Singapore and countries experiencing high data center growth rates such as Malaysia, Indonesia, and Thailand are expected to be the key focus areas for cloud infrastructure market growth in the ASEAN region owing to the availability of necessary infrastructure and connectivity, as well as the presence of hyperscale cloud vendors.