The public cloud services market in Australia, New Zealand, Singapore and South Korea will grow 12.8 percent in 2016 to total $8.11 billion, up from $7.19 billion in 2015, according to Gartner researchers.
By 2019, Gartner predicts that total public cloud services spending in the mature parts of Asia will rise to $12.4 billion.
Software as a Service is fastest growth segment of the public cloud services market in Australia, New Zealand, Singapore and South Korea with a projected growth rate of 22.5 percent, and a revenue projection of $1.67 billion
Public Cloud Services Forecast, Australia, New Zealand, South Korea, Singapore (US $Millions)
2015
|
2016
|
2017
|
2018
|
2019
|
2020
| |
Cloud Business Process Services (BPaaS)
|
762.0
|
778.1
|
826.7
|
873.5
|
919.9
|
974.6
|
Cloud Application Services (SaaS)
|
1,365.1
|
1,672.6
|
2,091.2
|
2,601.1
|
3,189.8
|
3,863.2
|
Cloud Application Infrastructure Services (PaaS)
|
205.4
|
248.0
|
305.3
|
359.9
|
412.8
|
469.3
|
Cloud System Infrastructure Services (IaaS)
|
601.2
|
651.3
|
733.1
|
824.8
|
922.1
|
1,041.2
|
Cloud Management and Security Services
|
227.5
|
278.3
|
340.8
|
402.9
|
470.4
|
541.8
|
Cloud Advertising
|
4,033.9
|
4,485.1
|
5,102.1
|
5,837.7
|
6,660.6
|
7,623.4
|
Total
|
7,195.1
|
8,113.3
|
9,399.1
|
10,899.8
|
12,575.5
|
14,513.4
|
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