Asia/Pacific (Excluding Japan) Managed Cloud Services Forecast, 2024–2027

Asia/Pacific (Excluding Japan) Managed Cloud Services Forecast, 2024–2027

This IDC Market Forecast examines the expected growth in the APEJ managed cloud services market, and projects a market expansion from US$8.7 billion in 2022 to US$20.2 billion by 2027, driven by the adoption of multi, hybrid, and cross-cloud architectures. Managed public cloud services are expected to see the fastest growth, and market dynamics suggest that technology suppliers need to integrate AI and automation into their delivery and offerings, develop robust CloudOps platforms, and showcase hybrid and cross-cloud orchestration capabilities to meet evolving enterprise needs."The future of enterprise IT is multicloud, heterogenous, and hybrid; and enterprises are understandably concerned about managing this complexity. Managed cloud services providers have a crucial role to play in ensuring that enterprises can focus on maximizing the business value realized from their cloud investments without getting bogged down with the operational challenges of managing increasingly complex hybrid IT environments," says Pushkaraksh Shanbhag, associate director, IDC Asia/Pacific Cloud and IT Services.

Please Note: Extended description available upon request.

IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Asia/Pacific (Excluding Japan) Managed Cloud Services Spending Forecast View
Asia/Pacific (Excluding Japan) Managed Cloud Services by Primary Markets
Market Context
Drivers and Inhibitors
Desire for Greater IT Resilience
Imperative to Accelerate Adoption of AI (including Generative AI) Capabilities
Optimizing Operational Costs and Performance
Recessionary Expectations and Economic Uncertainty
Significant Market Developments
Changes from Prior Forecast
Market Definition
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