Asia/Pacific (Excluding Japan) Public Cloud Services Forecast, 2023—2027
Digital transformation (DX) continues to be a priority for organizations and the government sector as they understand the importance of transforming to cater to the fast-changing and growing needs. Multicloud and hybrid cloud adoption is on the rise as organizations look to become flexible, cost effective, and improve reliability and performance. The market is currently witnessing a trend toward greater optimization of their cloud spend in order to reduce cost while maximizing value from cloud investments, says Shouvik Nag, senior research analyst, IDC.
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IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Rise in DX Initiatives
Focus on Cloud-First and Cloud-Native Business Strategy
Cloud Governance and Business Outcome
Inhibitors
Economic Factors and Multiple Decision Makers in Organizations